Newsquawk Logo

[MARKET ANALYSIS] Global equities gain, with STOXX 600 hitting new ATHs, as Energy benchmarks soften

Newsquawk StaffPublished On the live feed at — 4 more headlines followed before this page went public
Newsquawk headlinesUTC

[MARKET ANALYSIS] USD offered as energy softens, Antipodeans boosted alongside risk sentiment

[MARKET ANALYSIS] Yields dip as the US and Iran agree to a framwork peace agreement

[MARKET ANALYSIS] Global equities gain, with STOXX 600 hitting new ATHs, as Energy benchmarks soften

Stellantis (STLAM IM/STLAP FP) exec. says they see encouraging signs in Italian production and demand

ECB's Kazimir says it is increasingly evident that monetary policy has more work to do, not comfortable with outlook for core inflation above 2% even with more tightening

Open the platform and use it. The whole workspace is free to try, with no signup and no card. When you want the headlines arriving live instead of on a delay, Newsquawk Pro is £24.99 for 7 days.

Try the platform free
Free. No signup, no card.
  • European bourses (STOXX 600 +0.7%) are rallying after the US and Iran announced a 60-day peace framework, with the STOXX 600 now reaching a new ATH. Details are yet to be confirmed, but it suggests Iran will reopen the Strait of Hormuz while the US will lift the naval blockade, waive sanctions on Iranian oil and partially release Iran's frozen assets. If there is no breakdown of the deal, the MoU is to be officially signed on Friday in Geneva.
  • Sectors are broadly higher. Cyclicals that have suffered from the closure of Hormuz are the clear outperformers (Autos +3.2%, Construction +2.7%, Travel & Leisure +2.5%). Energy (-3.0%) is the clear underperformer, while Utilities (-0.8%) and Telecoms (-0.7%) also show modest losses.
  • Key movers include: Kesko (-9.4%), buys Saint-Gobain's Dahl business for EUR 1.5bln; Bunzl (+1.3%), as Elliott Investment reportedly taken a c. 5% stake; Vistry (-5.2%), reportedly offers voluntary redundancies to its workers to preserve cash; Ferrari (+4.3%), upgraded to overweight at Morgan Stanley.
  • US equity futures are bid, with the tech-heavy NQ outperforming amid the paring of Fed tightening expectations as the Strait of Hormuz is expected to reopen. 

Related headlines

The whole workspace, free to try.

Try it free
Newsquawk Logo

© 2026 Newsquawk. All rights reserved.