European Stocks Rebound on Hopes of US-Iran Talks
2026-04-14 07:30
By
Joana Taborda
1 min. read
European stocks advanced on Tuesday, with the STOXX 50 climbing 0.9% and the STOXX 600 gaining 0.6%, recovering from modest losses in the previous session.
Investor sentiment improved on renewed hopes of a ceasefire between the US and Iran.
Both countries are reportedly considering another round of negotiations after weekend talks ended without an agreement, aiming to resume discussions before a two-week ceasefire expires.
Meanwhile, President Trump has initiated a US naval blockade of the Strait of Hormuz.
Oil prices have eased slightly but remain at elevated levels.
Also, the earnings season is getting underway, with Kering edging up 0.5% ahead of its quarterly results due later today.
ASML Holding jumped 2%, Siemens gained 2.2%, Banco Santander rose 1.7%, and Mercedes-Benz advanced 1.8%.
In contrast, LVMH shares fell 2.4% after the company’s results disappointed investors, with the luxury group noting that the conflict with Iran had reduced group sales by at least 1%.