A股大消費板塊午後持續反彈，食品飲料、零售、日化多個細分方向表現亮眼，東鵬飲料午後封漲停，此前佳禾食品、百潤股份、寧波中百、祥源文旅、中百集團等漲停，登康口腔、會稽山、立高食品、上海家化等漲幅靠前。

Midday: CSI 300 index futures (IF main contract) +0.98%; SSE 50 futures (IH main) +2.29%; CSI 500 futures (IC main) +0.90%; CSI 1000 futures (IM main) -0.17%.

Amid the Iran war's hit to European stocks, JP Morgan analyst Mislav Matejka raised his Stoxx Europe 600 year‑end target from 630 to 680, the most bullish call among Bloomberg‑tracked forecasters. The new target implies roughly 7% upside from current levels and exceeds Barclays and HSBC's earlier 670 target. Matejka's team cites accelerating euro‑area corporate EPS after three years of stagnation, forecasting EPS growth of 18% in 2026 and 12% in 2027. They say that, if a H2 rally broadens, European equities could once again become an attractive asset class.