News 01/04/2026 16:24

Europe stocks rebound strongly as Trump says Iran war will end in weeks

FILE PHOTO: Bull and bear symbols for successful and bad trading are seen in front of the German stock exchange (Deutsche Boerse) in Frankfurt, Germany, February 12, 2019.  REUTERS/Kai Pfaffenbach/File PhotoShares listed in Europe kicked off the new trading month with a strong rebound, after notching their worst month since 2022 in March. Shortly after the opening bell, the regional   Stoxx 600   was seen trading 2% higher, with all major bourses and sectors besides oil and gas stocks trading in the green. London’s   FTSE 100   opened up 1.4%, and Germany’s   DAX   was 2.1% higher. France’s   CAC 40   gained 1.9% in early morning trade. The moves come after President Donald Trump   said Tuesday   that American forces would leave Iran in “two or three weeks,” adding that the U.S. would end its war “whether we have a deal or not.” Global benchmark Brent crude oil was 0.4% lower on Wednesday morning, trading at around $103.82 per barrel as markets digested Trump’s comments. U.S. West Texas Intermediate crude futures were last seen trading 0.3% higher at $101.71. Asian stocks   traded higher   on Tuesday, while futures data   pointed   to a higher open on Wall Street. Trump is   due to address   the United States at 9 p.m. ET on Wednesday. European investors will also be monitoring euro zone employment data, due later on Wednesday. In corporate news, Danish wind energy developer   Vestas   announced overnight it had received a 135-megawatt order in the U.S. for an undisclosed project. It came hours after the company said it had received a 90-megawatt order in the United Kingdom. In a note sent Wednesday morning, analysts at Citi gave Vestas a Buy rating and said the wind giant’s first-quarter order intake now totaled 4.2 gigawatts. “With signs of market improvement in Germany, and initial evidence of a US up cycle, we think orders can continue to build from here, driving better than expected growth,” they said. Meanwhile,   Nike ’s Frankfurt-listed shares followed their U.S. counterparts sharply lower early on Wednesday after the   retailer warned sales will fall   for the rest of the calendar year, led by an expected 20% decline in its key China market during the current quarter.

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