European stock markets closed higher on Monday, driven by easing tensions between the United States and Iran. The pan-European Stoxx 600 index rose 0.02% to finish at 644.62 points.
Germany’s DAX 40 led major benchmarks, gaining 1.04% to close at 25,361.03 points. The UK’s FTSE 100 advanced 0.42% to 10,781.75 points, while France’s CAC 40 increased 0.4% to 8,406.06 points. Italy’s FTSE MIB rose 0.49% to 52,054.95 points.
Diplomatic signals pause strikes
The market rally followed reports that the US paused its latest strikes, which had been launched after disagreements over navigation in the Strait of Hormuz. US President Donald Trump said on Monday there is a good chance of reaching a deal with Iran.
Giving space for diplomatic talks.
US Permanent Representative to the UN Mike Waltz stated that President Trump is giving space for diplomatic talks with Iran. Iran’s military spokesperson Muhammed Ekreminiya confirmed that US attacks have stopped for the last two nights, and consequently Iran’s retaliations have also stopped.
Updates
European stock markets closed the session mostly lower as renewed tensions between the US and Iran pushed Brent crude prices above $90 per barrel, rising more than 7%. While indices saw mixed results and technology shares faced a global sell-off triggered by SK Hynix's quarterly earnings, energy and mining stocks supported the UK's FTSE 100. Additionally, investor attention shifted toward upcoming US Federal Reserve monetary policy decisions and major corporate earnings reports from companies like Microsoft and Meta.
European stock markets closed mostly lower on Wednesday as escalating US-Iran tensions drove Brent crude prices above $90 per barrel. While the UK's FTSE 100 gained 0.34%, the broader sentiment was weighed down by a global sell-off in technology and semiconductor shares, including a 4.7% drop in ASM International. Additionally, individual market performance varied significantly, with Kering shares jumping 17% while France's CAC 40 and Italy's FTSE MIB indices recorded declines.
European markets closed mostly lower on Wednesday as escalating Middle East tensions drove Brent crude prices above $90 per barrel, rising more than 7%. While indices saw mixed performance—with the UK's FTSE 100 rising 0.34% supported by energy stocks and major banks like Deutsche Bank and UBS posting gains—technology shares faced a significant sell-off following underwhelming results from firms like ASM International. Additionally, investors remain cautious ahead of the upcoming US Federal Reserve monetary policy decision and key earnings reports from major American technology companies.
European stock markets closed mostly lower on Wednesday as Brent crude rose over 7% to exceed $90 per barrel amid escalating Middle East tensions. While the UK’s FTSE 100 rose 0.34% to 10,908.41, major indices like France's CAC 40 and Germany's DAX 40 fell, and the Stoxx Europe 600 closed with conflicting reports ranging from a 0.35% gain to a 0.29% loss. Sector performance was mixed, as technology stocks dragged the market down following weak semiconductor results, whereas Kering jumped 17% and Glencore gained 2.8%.
