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European stocks set to soar after U.S.-Iran ceasefire deal

Apr 08, 2026 05:10 UTC

European stocks are expected to open sharply higher on Wednesday following news of the U.S. and Iran's ceasefire deal..

  • In this article LONDON — European stocks opened sharply higher on Wednesday, as global markets breathed a sigh of relief after the U
  • S
  • and Iran agreed to a conditional ceasefire deal

In this article LONDON — European stocks opened sharply higher on Wednesday, as global markets breathed a sigh of relief after the U.S. and Iran agreed to a conditional ceasefire deal. Shortly after the opening bell, the pan-European Stoxx 600 index was seen 3.8% higher, with all sectors besides oil and gas in the green. Autos, miners and travel stocks led gains, rising 5.8%, 5.8%, and 7.3%, respectively. U.K.'sFTSE 100index added 2.4%, Germany'sDAXrose 4.8%, while France'sCAC 40was up 4.1% and Italy'sFTSE MIBadded 3.6%. Antofagasta,Lufthansa, andEasyjetwere among the biggest risers in morning

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