The STOXX 50 jumped 1.7% and the STOXX 600 added 1.1% on Tuesday after President Trump announced a ceasefire between Israel and Iran, which both countries have confirmed. If the truce holds, it would mark the end of the 12-day conflict, and pushing oil prices sharply lower, falling below levels seen before June 12, the day before Israel launched its attack. Meanwhile, investors are turning their attention to the NATO summit kicking off today in The Hague, where leaders are expected to address security priorities in light of recent global tensions. Most sectors traded in the green, with strong gains among major companies including SAP (2.5%), LVMH (2.6%), Hermes (1.9%), ASML Holding (2.7%), and Novo Nordisk (2.1%). In contrast, energy stocks underperformed, with Shell (-4%), TotalEnergies (-4%), BP (-5.4%), and Repsol (-4.6%) among the laggards.
