European stocks stage biggest rally in a year on ceasefire deal - News Summed Up

European stocks stage biggest rally in a year on ceasefire deal


Stocks that had fallen the most during the war posted some of the biggest gains. Oil prices remain well above where they were before the start of the Iran war, when Brent traded below $73 a barrel. The pan-European Stoxx 600 index gained 4%, poised for its biggest one-day rise in more than four years. The US stock markets jumped at the start of trading, as Wall Street hailed the ceasefire. Elsewhere, Hong Kong’s Hang Seng was up 3.1%, while China’s CSI 300 index gained 3.2%.


Source: Irish Examiner April 08, 2026 16:07 UTC



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