European stock markets rose on Friday. Investors swung between optimism and pessimism over Iran war talks.
The Stoxx 600 climbed 0.5%, DAX 0.4%, CAC 40 0.4%, and FTSE 100 0.3%.
US Secretary of State Marco Rubio noted 'good signs' in talks. An Iranian official said gaps have narrowed.
The Strait of Hormuz remains shut, boosting oil prices. Analysts say reopening would lift European stocks.
German consumer sentiment shows early recovery. The economy grew 0.3% in Q1.
ING analysts warned of a 'stagflationary effect' from the Iran conflict.
Richemont's revenue beat expectations, lifting shares.
