European stocks rise on US-Iran ceasefire hopes; oil prices plunge
RYAAY Ryanair Holdings Plc ADR
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View chart & analysis → - 1European stocks advanced as the US and Iran halted military clashes over the weekend.
- 2The Stoxx 600 index climbed 0.7% to 648.9, the highest level since July 7, while Brent crude fell 6% to around $90 per barrel.
- 3Travel and leisure stocks gained 2.3% on lower oil prices, whereas energy stocks dropped 2%; the market is watching this week's earnings releases from Microsoft, Meta, Amazon, and Apple, along with the Fed's interest-rate decision.
Source Reuters · View original ↗
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