European Stocks Poised for Rebound Amid Trump's Iran War Comments

European stock futures surged on Wednesday as investors reacted to President Donald Trump's comments that the U.S. will withdraw from Iran in 'two or three weeks,' effectively ending the ongoing conflict. The remarks, made Tuesday, have alleviated concerns over prolonged geopolitical tensions, which had weighed heavily on markets in March. Futures for the Stoxx 50, a key European benchmark, rose 2% ahead of the open, while London's FTSE 100 and Germany's DAX futures climbed 1% and 2%, respectively. France's CAC 40 futures also gained 1.3%, reflecting broad-based optimism across the region. The easing of tensions has led to a shift in market sentiment, with energy prices showing mixed reactions. Brent crude oil dipped 0.4% to $103.82 per barrel, while U.S. West Texas Intermediate crude futures edged up 0.3% to $101.71. The decline in Brent crude may reflect reduced fears of supply disruptions in the Middle East, a key oil-producing region. Meanwhile, Asian stocks closed higher on Tuesday, and U.S. futures pointed to a positive open on Wall Street, further reinforcing the global appetite for risk. Corporate news also contributed to the upbeat tone. Danish wind energy developer Vestas announced two major orders: a 135-megawatt project in the U.S. and a 90-megawatt order in the U.K. Citi analysts upgraded the company's outlook, citing strong first-quarter order intake and potential for continued growth. However, Nike's shares fell sharply in Frankfurt after the retailer warned of declining sales, particularly in its key China market, which is expected to see a 20% drop in the current quarter. Investors will closely watch Trump's address later in the day and euro zone employment data, both of which could influence market direction. The combination of reduced geopolitical risk and positive corporate developments has positioned European stocks for a rebound after a challenging March, which marked their worst monthly performance since 2008.