ETMarkets.com The AI company is also looking to public investors to help finance its expansion, with its planned offering expected to value the company at more than $2 trillion.
Synopsis European shares rose 0.3%, led by technology and semiconductor stocks, as investors responded to Anthropic’s AI expansion plans and potential $2 trillion valuation.
Gains were capped by higher oil prices, elevated bond yields and Middle East tensions.
Markets awaited U.S. job openings and euro zone consumer confidence data for further economic signals.
By Anupam Nagar, ETMarkets.com Sep 29, 2026, 03:36:00 PM IST Follow us European shares rose on Tuesday, supported by gains in technology stocks, although higher oil prices and elevated bond yields limited the advance.ADVERTISEMENT The pan-European STOXX 600 index was up 0.3% at 640.28 points by 0719 GMT, according to Reuters.Technology stocks were among the strongest performers, with semiconductor shares gaining after Reuters reported that Anthropic is making a major bet on artificial intelligence transforming the global economy.
The AI company is also looking to public investors to help finance its expansion, with its planned offering expected to value the company at more than $2 trillion.
Brent crude futures stood at $106.99 a barrel, Reuters reported.Higher bond yields also weighed on investor sentiment, as markets assessed the implications of stronger growth and elevated energy costs for the global interest-rate outlook.ADVERTISEMENT Investors were awaiting U.S. job openings data later on Tuesday for further clues on the strength of the labour market.
