(Bloomberg) -- European stocks erased earlier losses as hopes of renewed negotiations between the US and Iran to end their war offset disappointing earnings from benchmark heavyweight HSBC Holdings Plc.The Stoxx Europe 600 Index was 0.2% higher by 11:01 a.m. in London. Construction shares as well as miners outperformed, while personal care and energy stocks were among the biggest laggards. Brent crude fell 1% to trade at $115 a barrel after Iranian Supreme Leader Mojtaba Khamenei called for pursuing the conditions set out by Iranian officials with the aim of ending the war.In individual stock moves, HSBC fell 6.5% after its earnings fell short of estimates in the third quarter and the lender kept its outlook for the rest of year unchanged.