European Indexes Turn to Gains as Trump Says U.S. Attacks Will Pause -- Market Talk

Dow Jones03-23

1126 GMT - European stocks do a 180 after President Trump heralded successful talks with Iran "regarding a complete and total resolution to our hostilities" regarding the Middle East conflict. Blue-chip indexes had fallen into correction territory in early trade as oil prices climbed further. But after Trump's Truth Social post, indexes surged into the green. The Europe-wide Stoxx 600 index pivoted to a 1.5% gain, while the industrial-heavy German DAX surges 2.5% higher after falling over 2% earlier in the session. France's CAC 40 jumps 2.6%. In London, the FTSE 100 gains 0.5%, though losses for oil majors that had been supported by higher energy prices weigh on the index. Spain's IBEX 35 is 1.9% higher, while the Italian FTSE MIB jumps 2.1%. (josephmichael.stonor@wsj.com)

(END) Dow Jones Newswires

March 23, 2026 07:26 ET (11:26 GMT)

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