India, Aug. 4 -- Swiss stocks closed higher on Tuesday, in line with markets across Europe, as easing worries about tech valuations, optimism about U.S.-Iran peace talks and weak oil prices aided sentiment.
Data from the U.S. showing a sharp rise in manufacturing activity in the world's largest economy helped as well.
Despite some uncertainty about Iran and the U.S. engaging in any meaningful talks, there is a bit of optimism about the two countries reaching a deal to reopen the Strait of Hormuz within the next couple of days.
For comments and feedback contact: editorial@rttnews.com
Published by HT Digital Content Services with permission from RTT News....