European Stocks Cautious

2026-05-26 07:29 By Joana Taborda 1 min. read

European stocks traded cautiously on Tuesday, with the STOXX 50 slipping 0.2% and the STOXX 600 hovering around the flatline after both indices had reached pre-war highs on Monday.

Investor sentiment weakened amid signs of a setback in US-Iran negotiations and continued mixed signs from both sides.

Tensions escalated after US and Israeli jets struck Iranian vessels in the Strait of Hormuz and other targets.

US forces described the operations as “self-defense” strikes, coming just hours after President Trump said that talks with Tehran on a possible interim agreement were making progress.

As a result, oil prices moved higher once again.

Ferrari was the worst performer on the STOXX 600, tumbling around 7% after unveiling its first fully electric vehicle.

Also, ASML Holding fell 1.7%, while Hermes lost 1.4%.

Schneider Electric slipped 0.7%, and Siemens Energy dropped 1.1%.

On the other hand, Kingfisher gained 5% after saying it is on track to deliver full-year profit.



News Stream
European Stocks Cautious
European stocks traded cautiously on Tuesday, with the STOXX 50 slipping 0.2% and the STOXX 600 hovering around the flatline after both indices had reached pre-war highs on Monday. Investor sentiment weakened amid signs of a setback in US-Iran negotiations and continued mixed signs from both sides. Tensions escalated after US and Israeli jets struck Iranian vessels in the Strait of Hormuz and other targets. US forces described the operations as “self-defense” strikes, coming just hours after President Trump said that talks with Tehran on a possible interim agreement were making progress. As a result, oil prices moved higher once again. Ferrari was the worst performer on the STOXX 600, tumbling around 7% after unveiling its first fully electric vehicle. Also, ASML Holding fell 1.7%, while Hermes lost 1.4%. Schneider Electric slipped 0.7%, and Siemens Energy dropped 1.1%. On the other hand, Kingfisher gained 5% after saying it is on track to deliver full-year profit.
2026-05-26
European Stocks Poised for Lower Open
European equity markets were on track to open lower on Tuesday, retreating from record highs as lock in profits while monitoring the latest developments in the Middle East. The US military reportedly targeted missile launch sites and vessels suspected of attempting to deploy mines in southern Iran, with US Central Command saying the operations were aimed at protecting American troops in the region. Meanwhile, President Donald Trump said talks with Tehran were progressing well, though he warned that further attacks could follow if negotiations broke down. With no major economic data releases or corporate earnings reports due in Europe on Tuesday, geopolitical developments remained the primary focus for markets. In corporate news, Ferrari unveiled its first fully electric vehicle, the Ferrari Luce, priced at €550,000. In premarket trading, Euro Stoxx 50 futures fell 0.4%, while Stoxx 600 futures were down 0.8%.
2026-05-26
European Stocks Approach Records
European stocks closed sharply higher on Monday, the highest since their record highs in late February on signals that the US and Iran could soon agree to a deal that would restore energy exports from the Middle East. The Eurozone's STOXX 50 gained 2% to 6,139 and the pan-European STOXX 600 added 1.1% to 632. US President Trump stated that negotiations with Iran proceeded favorably during the weekend and Secretary of State Rubio signaled a degree of optimism on an incoming deal, driving oil prices to decline sharply and supporting European sovereign bonds. Banks benefited sharply from the rally for bonds, with Santander, BBVA, and Deutsche Bank adding more than 4%. The drop in power prices also aided margins for industrial giants, with Safran soaring 6% while Schneider added 3.5%.
2026-05-25