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European Closes: Euro Stoxx 50 +2.52% at 6,018, Dax 40 +2.24% at 24,949, FTSE 100 +2.15% at 10,439, CAC 40 +2.94% at 8,299, FTSE MIB +2.35% at 49,697, IBEX 35 +2.47% at 18,104, PSI +1.12% at 9,267, SMI +1.77% at 13,283, AEX +1.67% at 1,031

The European equity markets closed significantly higher across the board, with the Euro Stoxx 50 leading the gains at +2.52%.

Newsquawk StaffPublished On the live feed at — 4 more headlines followed before this page went public
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Qatar PM says positive progress has been made in Iran-US talks

US sells 17-wk bills at high-rate 3.605%, B/C 3.13x

European Closes: Euro Stoxx 50 +2.52% at 6,018, Dax 40 +2.24% at 24,949, FTSE 100 +2.15% at 10,439, CAC 40 +2.94% at 8,299, FTSE MIB +2.35% at 49,697, IBEX 35 +2.47% at 18,104, PSI +1.12% at 9,267, SMI +1.77% at 13,283, AEX +1.67% at 1,031

FHFA Director Pulte expects an announcement shortly with some home builders, via CNBC

Iran mission to UN says only viable solution in the Strait of Hormuz is clear: a permanent end to the war, the lifting of the maritime blockade, and the restoration of normal passage.

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Context

This broad rally suggests positive sentiment likely driven by investor optimism or macroeconomic developments, which could set a favorable tone heading into the US session. Traders should monitor for follow-through in the US markets, as such moves often influence risk sentiment globally.

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