French consumer confidence for August in line with estimates
STOXX 600 up 0.2
Ageas jumps after H1 results beat estimates

Aug 28 Reuters European shares touched a morethanonemonth high on Wednesday, boosted by technology stocks ahead of Nvidia39;s results later in the day and as Ageas39; betterthanexpected results lifted insurance stocks.

The panEuropean STOXX 600 index rose 0.2 to 520.09 points. It hit its highest level since July 15 earlier in the session.

Technology stocks were on investors39; radar, advancing 0.5 and was the biggest boost to the index. AI darling Nvidia39;s secondquarter results are due after U.S. trading hours.

Traders in the U.S. equity options market expect the earnings report to spark a more than 300 billion swing in the chipmaker39;s shares. The sheer size and its position as an industry bellwether mean its earnings, can move the entire market.

The chipmaker39;s sales likely doubled in the second quarter and even a slight miss might hurt sentiment.

Nvidia39;s performance serves as a crucial indicator of market trends and can impact European companies, particularly those in the technology, automotive, and manufacturing sectors that rely on its semiconductors.

There39;s no way to calm investors ahead of Nvidia39;s earnings because the expectations are just so lofty.. There39;s bound to be surprises either way, Thomas Gehlen, senior market strategist at SG Kleinwort Hambros said.

It will cause shortterm volatility,.

On the data front,…