European equity markets rose after the European Central Bank (ECB) cut its key interest rates by 0.25 percentage points, lowering the main rate from 2.25% to 2% on June 5, 2025. The decision, the ECB's eighth rate reduction in the current cycle, follows euro area inflation dropping below 2% in May and subdued economic growth. The Paris CAC 40 index advanced by 0.25% to 7,824 points, while Germany's DAX set a new intraday record. The FTSE 100 and Stoxx 600 also posted gains. The euro traded at 1.14 against the dollar and Brent crude was priced at $65 per barrel. Market participants are watching for further signals on monetary policy, with some expecting one more rate cut in July. The ECB is also releasing updated economic projections for the eurozone. Among notable stocks, STMicroelectronics jumped over 11% after CEO Jean-Marc Chéry commented on strong order dynamics. EssilorLuxottica rose 2.3% after announcing an acquisition of 90 optical stores in Malaysia. Eutelsat shares fell 15% to 2.97 euros following Hanwha Systems' announcement to sell its 5.4% stake. Wizz Air dropped 26%, Wise gained 8.7%, Bayer rose 3.4%, and Airbus declined 1.9%. German factory orders increased by 0.6% in April, and eurozone producer prices fell 2.2%. In the US, jobless claims rose to 247,000 and private sector payrolls increased by only 37,000 in May. Wall Street futures indicated a modestly positive open amid ongoing trade tensions.