EUROPEAN CLOSES: Euro Stoxx 50 +1.42% at 5,579, Dax 40 +0.96% at 22,595, FTSE 100 -0.15% at 9,903, CAC 40 +0.79% at 7,726, FTSE MIB +0.91% at 43,230, IBEX 35 +1.04% at 16,888, PSI +0.25% at 8,779, SMI +0.61% at 12,411, AEX +0.53% at 967

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Gilead (GILD) nears up to USD 2bln deal for autoimmune biotech Ouro Medicines, according to FT

Washington reportedly sets April 9th as the date to end the war on Iran, according to an Israeli Official to Yedioth Ahronoth

EUROPEAN CLOSES: Euro Stoxx 50 +1.42% at 5,579, Dax 40 +0.96% at 22,595, FTSE 100 -0.15% at 9,903, CAC 40 +0.79% at 7,726, FTSE MIB +0.91% at 43,230, IBEX 35 +1.04% at 16,888, PSI +0.25% at 8,779, SMI +0.61% at 12,411, AEX +0.53% at 967

Occidental (OXY) CEO says 90-95% of growth will come from US assets, mainly the Permian

Japan's Vice Minister of International Affairs says the IEA's 400mln bbl of oil release is "not enough" to ease a very tight market

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Context

The European markets closed with mixed results, highlighted by a strong performance in the Euro Stoxx 50 and major indices like the DAX and CAC 40, suggesting robust regional sentiment. In contrast, the FTSE 100 lagged slightly, reflecting potential local concerns or sector-specific issues. Overall, this setup indicates a divergence within European equity performance that could have implications for investor sentiment heading into the US session.

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