empty
 
 

23.03.202611:52:49UTC+00European Stocks Reverse Losses to Trade Higher

European stocks reversed early losses to close higher on Monday, with the STOXX 50 up 2% and the STOXX 600 advancing 1%, as global risk appetite improved. Sentiment turned after President Trump said the US and Iran had held “productive” talks, triggering a five-day halt to planned strikes on key Iranian energy infrastructure. The pause comes ahead of a 48-hour deadline for Iran to fully reopen the Strait of Hormuz, which is set to expire later today.

The temporary truce sent oil prices sharply lower, easing inflation worries and lifting investor confidence. Most sectors moved into positive territory—technology led the advance—while energy lagged. ASML Holding climbed more than 5%, HSBC Holdings rose 2.8%, LVMH gained 3.9%, and Siemens surged 5.1%.

On the downside, Poste Italiane dropped more than 7%, ranking among the worst performers on the STOXX 600, after it announced a €10.8 billion bid for Telecom Italia. In contrast, shares of Telecom Italia gained 4%.

  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    JOIN CONTEST
  • Chancy Deposit
    Deposit your account with $3,000 and get $8000 more!
    In March we raffle $8000 within the Chancy Deposit campaign!
    Get a chance to win by depositing $3,000 to a trading account. Having fulfilled this condition, you become a campaign participant.
    JOIN CONTEST
  • Trade Wise, Win Device
    Top up your account with at least $500, sign up for the contest, and get a chance to win mobile devices.
    JOIN CONTEST
  • 30% Bonus
    Receive a 30% bonus every time you top up your account
    GET BONUS


现在无法通话?
提出您的问题,用 在线帮助.
Widget callback