European Closes: Euro Stoxx 50 +1.02% at 5,868, Dax 40 +0.61% at 24,102, FTSE 100 +0.58% at 10,325, CAC 40 +0.35% at 8,008, FTSE MIB +1.00% at 49,481, IBEX 35 +0.46% at 17,655, PSI +0.24% at 9,072, SMI +0.71% at 13,213, AEX +1.07% at 1,010

European equity markets closed higher across the board, with the Euro Stoxx 50 gaining over 1%.

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Libya's NOC Chairman says he expects the Ras Lanuf refinery (220k BPD) to restart in six months to one year

US sells 17-wk bills at high-rate 3.615%, B/C 3.20x

European Closes: Euro Stoxx 50 +1.02% at 5,868, Dax 40 +0.61% at 24,102, FTSE 100 +0.58% at 10,325, CAC 40 +0.35% at 8,008, FTSE MIB +1.00% at 49,481, IBEX 35 +0.46% at 17,655, PSI +0.24% at 9,072, SMI +0.71% at 13,213, AEX +1.07% at 1,010

Arm (ARM) and Softbank reportedly said to have tried to buy Cerberas (CBRS) but were rejected, according to reports

US CENTCOM says American forces have redirected 67 commercial vessels (prev. 65 D/D), allowed 15 supporting humanitarian aid to pass, and disabled 4 to ensure compliance

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Context

This broad-based rally suggests positive investor sentiment and could indicate a strengthening in risk appetite, potentially driven by favorable economic data or easing geopolitical tensions. Traders should be mindful of how this may affect broader market trends and US session behavior.

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