The CAC 40 climbed 1% to 8,228 on Tuesday, rebounding from the previous session's losses, supported by gains in luxury stocks while investors weighed lingering uncertainty surrounding US-Iran ceasefire efforts. LVMH climbed 1.6%, Hermes added 1.5%, and Kering gained 1.4% amid growing indications that Chinese luxury demand is stabilizing and as LVMH intensified its focus on the US. Elsewhere, STMicroelectronics surged 9.8% to its highest level since September 2000 after raising revenue targets for its data-center business, underscoring strong AI-driven demand. Meanwhile, investors closely watched developments in the Middle East after Iran suspended indirect talks with Washington over Israel's military operations in Lebanon, while President Trump insisted negotiations remained ongoing. Attention also turned to flash estimates of Euro Area inflation, with the headline inflation rate expected to edge up to 3.2% in May and core inflation forecasted to tick higher to 2.4%.