0822 GMT - European blue-chip indexes jump at the opening bell on cautious optimism that the Middle East conflict is de-escalating. Energy is the one outlier as nearly all sectors gain, with the Europe-wide Stoxx 600 gaining 1.2%. The energy-sensitive DAX climbs 1.7% in Frankfurt as industrials gain, with Siemens opening 2.8% higher. In Paris, the CAC 40 is 1.4% higher as construction companies and banks gain--industrials group Legrand is up 2.8%. A bump for precious metals helps London miners, though energy companies restrict the FTSE 100's gains to 0.8%. Italy's FTSE MIB and the Spanish IBEX 35 are both around 1.4% higher. Airline group IAG is up 2.5%, while cable manufacturer Prysmian jumps 3.5% in Milan. (josephmichael.stonor@wsj.com)
(END) Dow Jones Newswires
March 25, 2026 04:22 ET (08:22 GMT)
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