Stoxx 600, FTSE, DAX, CAC, Iran latest news,
CNBC • • world
Key Points:
- European stock markets declined following losses in Asia-Pacific as investors reacted to mixed signals from U.S.-Iran negotiations aimed at ending the Middle East conflict.
- U.S. Secretary of State Marco Rubio expressed cautious optimism about diplomatic progress with Iran, while President Trump insisted Iran would not control the strategic Strait of Hormuz; conflicting reports emerged regarding Iran's commitment to restore commercial traffic through the strait.
- U.S. forces conducted defensive strikes in Iran to maintain a ceasefire, prompting a rise in oil prices; meanwhile, European defense stocks surged after Ukraine ratified a €90 billion loan agreement with the EU and news of potential Swedish fighter jet sales to Ukraine.
- Spain's eDreams reported a 52.2 million euro profit for Q4, up from the previous year but below analyst expectations, while Polish energy company Orlen posted a 22.8% increase in first-quarter adjusted core profit, exceeding forecasts.
- In the U.S., S&P 500 futures remained steady ahead of the April personal consumption expenditure price index release, a key inflation measure closely watched by the Federal Reserve.