European shares jump as Trump signals end to Iran conflict
European futures rose over 2 percent Wednesday as Trump signaled an end to the Middle East conflict. Markets rallied as oil fell to 100 dollars per barrel.
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European stock markets are poised for a significant relief rally as futures tracking major indexes jumped on Wednesday morning. The surge follows optimistic comments from United States President Donald Trump suggesting that a month-long conflict in the Middle East may be nearing an imminent resolution.
At 0643 GMT, futures for the pan-European STOXX 600 climbed 2.78%. Regional benchmarks also saw substantial gains, with the GLOBAL X DAX GERMANY ETF tracking contracts in Germany rising by 2.7%, while futures for the X CAC 40 1D in France advanced by 2%.
