Traders work on the floor of the New York Stock Exchange (NYSE) on May 6, 2026 in New York City.
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LONDON — European stock markets opened mixed on Monday as investors digested the latest impasse in peace talks between the United States and Iran.
pan-european Stocks 600 Just after 8 a.m. in London (3 a.m. ET), it was oscillating up and down the flatline.
british FTSE Germany’s index opened 0.3% higher. dachshund It fell by nearly 0.1%. french CAC40 Italy was down almost 0.5%. FTSE MIB It was about 0.1% cheaper.
Oil and gas stocks and technology companies rose 0.9% and 1.1%, respectively, although most regional sectors were in negative territory.
Global markets will start the new trading week on a volatile note after US President Donald Trump declared Iran’s counter-offer to end the Middle East war “unacceptable.”
Iran’s semi-official Tasnim news agency, citing sources, said negotiators had received Iran’s response to the U.S. peace proposal and that the regime in Tehran was demanding an end to the war on all fronts and the lifting of sanctions against the country.
But in a post on Truth Social Sunday night, President Trump said he didn’t like Iran’s response, adding: “Totally unacceptable!”
Meanwhile, Israeli Prime Minister Benjamin Netanyahu said Sunday that the United States and Israel still aim to curb Iran’s nuclear ambitions and that the war with Iran is “not over.”
Oil futures rose in overnight trading, while U.S. futures fell, following recent developments.
All eyes are on President Trump’s visit to China later this week, where he is expected to discuss a wide range of issues with Chinese Prime Minister Xi Jinping, from trade to rare earth export controls and global geopolitics.
There are no major earnings or data releases in Europe on Monday.
— CNBC’s Anniek Bao contributed to this market report.
