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European stocks rise on US-Iran deal hopes and Japan's Nikkei hitting record high

Market News
25 May 2026
CNBC
View Source
Bullish
pluang ai news

European stock markets are set to open higher following optimism about a potential deal between the US and Iran. Futures indicate France's Cac 40 could gain 0.9% and Germany's Dax 1.1%, while the UK's FTSE 100 remains closed for a holiday. Japan's Nikkei 225 reached a record high above 65,000, boosted by reports of the Strait of Hormuz potentially reopening, which caused oil prices to drop over 5%. President Trump noted that negotiations with Iran are progressing well, easing investor concerns and supporting a fifth consecutive day of gains in European stocks.

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