European equities dip as Iran peace talks loom and oil climbs

1 min read
Source: CNBC
European equities dip as Iran peace talks loom and oil climbs
Photo: CNBC
TL;DR Summary

European stocks slid about 0.5% as investors weighed signals on a potential Iran war peace deal, with mixed indications from U.S.–Iran talks and fresh strikes in Iran. Oil prices rose on tensions. Defense shares led gains after Ukraine ratified a 90‑billion‑euro EU loan and reports of a possible Saab Gripen jet deal, with Saab, Renk, Exail Technologies and Rheinmetall among movers. U.S. stock futures were little changed ahead of the Federal Reserve’s preferred inflation gauge (PCE) data.

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