European shares are higher after a mixed session in Asia

European stocks rose, with Germany’s DAX up 0.6%, France’s CAC 40 gaining 0.4%, and UK’s FTSE 100 up 0.5%.

Asian markets were mixed; Japan's economy contracted 0.7% YoY, Alibaba fell after earnings miss.

U.S. stocks edged up Thursday; S&P 500 extended its streak, helped by hopes of Fed rate cuts.

Oil prices dipped ~2% on potential U.S.-Iran deal; Walmart warned of higher prices due to tariffs.