European Markets Hover as Iran Talks Stall and AI Valuations Stay Elevated

European markets are hovering near unchanged in mid-session trade, according to a midday update. The lack of progress in Iran-related discussions and persistently high valuations across the AI sector are cited as key factors keeping sentiment in check.

With little new market impetus, investors are assessing whether early autumn could bring a fresh directional move. The update does not provide specific index levels or individual movers.