European Closes: Euro Stoxx 50 -0.99% at 5,967, Dax 40 -0.99% at 24,672, FTSE 100 -1.55% at 10,277, CAC 40 -1.17% at 8,202, FTSE MIB -0.82% at 49,291, IBEX 35 -0.29% at 18,052, PSI -1.43% at 9,134, SMI -1.11% at 13,135, AEX -1.17% at 1,019

European equity markets closed notably lower, with the Euro Stoxx 50 dropping nearly 1%, reflecting a broader negative sentiment across the region.

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US sold 4-week bills at a high rate of 3.610%, B/C 2.59x; sold 8-week bills at high rate of 3.595%, B/C 2.91x

A senior Iranian official said Iran wouldn't allow the US to reopen the Strait of Hormuz with "an unrealistic plan" and then exit the war without paying any reparations "for all the damage inflicted on Iran," according to WSJ citing Press TV

European Closes: Euro Stoxx 50 -0.99% at 5,967, Dax 40 -0.99% at 24,672, FTSE 100 -1.55% at 10,277, CAC 40 -1.17% at 8,202, FTSE MIB -0.82% at 49,291, IBEX 35 -0.29% at 18,052, PSI -1.43% at 9,134, SMI -1.11% at 13,135, AEX -1.17% at 1,019

US intelligence says Iran can outlast Trump's Hormuz blockade for months, Washington Post reports

Iran foreign ministry spokesman said that Iran is reviewing the messages with the mediation of the Pakistani side, and Iran has not yet reached a conclusion

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This decline in major indices like the DAX and FTSE 100 suggests concerns over economic conditions or geopolitical tensions, which could have implications for market sentiment heading into the US session.

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