Europe's Stocks Edge Up as Middle East Tensions Drive Caution

1 min read
Source: CNBC
Europe's Stocks Edge Up as Middle East Tensions Drive Caution
Photo: CNBC
TL;DR

European stocks rose midweek as investors weighed ongoing Middle East tensions and oil-market moves, with the Stoxx 600 up about 1.2%, the DAX roughly 1.5% higher, and the FTSE 100 up around 0.4%; Spain’s IBEX 35 jumped about 1.5% after Trump threatened to cut all trade with Spain over its refusal to host U.S. bases for strikes on Iran, while U.S./Israeli actions and evacuation efforts kept sentiment fragile and oil prices eased following assurances on Gulf shipping.

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