Lates News

On Tuesday, European stock markets fell sharply; with hopes of a peace agreement between the US and Iran fading, oil prices rose, causing investors to remain highly vigilant. US President Trump described the ceasefire agreement with Iran as being on "the brink of collapse"; earlier, Tehran had rejected the US proposal to end the conflict and instead presented a series of demands, which Trump dismissed. The European Stoxx 600 index fell by 1.1% to 605.79 points. Major stock markets in the region also declined, with the London FTSE 100 index and the German DAX index both dropping by more than 1%. In early trading, shares of German industrial giant ThyssenKrupp fell by 2.4% after the group lowered its sales outlook for the 2026 fiscal year. On the other hand, shares of German pharmaceutical and chemical giant Bayer rose by 1.5% after the company announced quarterly operating profit data that exceeded market expectations.