Europe set to open higher with Iran in spotlight
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European stocks rose at the start of the week, supported by the energy sector following a rise in oil prices after US President Donald Trump rejected an Iranian proposal to end the war and reopen the Strait of Hormuz. The Stoxx Europe Oil & Gas sub-index climbed 0.56% during trading, while the technology sector limited gains, declining 0.70%. Investors are awaiting a speech by […]. [The article "European Stocks Rise at the Start of the Week" was…
European stock markets are on a positive note, with the exception of Italy, driven by gains in shares of financial and technology companies, despite weakening expectations of an imminent ceasefire between the United States and Iran.
Europe's stock markets have defied a renewed rise in oil prices on Monday. In the UK, house building stocks have seen price fireworks.
Pressure on technology stocks.
The main European stock exchanges start the week in positive as investors cling to the possibility of further talks between Washington and Tehran, despite the US rejection of the latest Iranian proposal to reopen the Strait of Ormuz.
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