European markets closed Tuesday's session higher, with investors optimistic about the resumption of peace negotiations between the United States and Iran, despite the blockade imposed on Iranian ports. The pan-European STOXX Europe 600 index rose by nearly 1%, with most major markets finishing the session in the green. The CAC 40 index in Paris increased by 1.12%, the FTSE MIB in Milan by 1.36%, the DAX in Frankfurt by 1.23%, and the IBEX 35 in Madrid by 1.46%. The U.S. military has begun the blockade of Iranian ports, which could affect global oil supply, but oil prices have fallen due to signals of resumed negotiations. U.S. Vice President JD Vance stated that the progress of the negotiations depends on Tehran's decision. China criticized the American blockade, calling it dangerous. In the corporate sector, Novo Nordisk announced a partnership with OpenAI for the development of medical treatments, with the company's shares rising by 2.3%. Markets in the Asia-Pacific region also closed higher, and in the U.S., the S&P 500 index was up by about 1%.
Sources
Latest News
22:27
Minister of Labor, Florin Manole, announces that pensions and one-off financial aid payments in December will be paid in full and on time
22:21
Energy Minister Dumitru Chisăliță calls for realistic European rules, investment in grids and affordable energy prices
21:53
Maia Sandu revoked citizenship for three people / Two members of the separatist legislature in Tiraspol are accused of promoting the ideology of the “Russian world”
21:21
HiSky announces that it has paid its outstanding payment obligations to ROMATSA
21:05
The new Minister of Culture, Ioana Ciocan: Zero tolerance for harassment in cultural institutions
See more news