Published Wed, May 6, 2026 · 03:51 PM
European shares rose on Wednesday, with oil prices dropping and investor optimism rising after US President Donald Trump cited “great progress” toward a comprehensive peace agreement with Iran.
The pan-European Stoxx 600 advanced 1 per cent to 615.62 points, as of 0703 GMT, marking a second day of gains. Major regional bourses were also higher, with London’s FTSE 100 and Spain’s IBEX 35 both up over 1 per cent each.
Energy-dependent Europe has lagged major global markets that have hit record highs…
