Traders work on the floor of the New York Stock Exchange (NYSE) on May 6, 2026 in New York.
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LONDON — European stock markets opened in mixed territory Monday as investors digested the latest impasse in peace negotiations between the United States and Iran.
The pan-European Stoxx 600 oscillated above and below the flat line shortly after 8 a.m. in London (3 a.m. ET)
United Kingdom FTSE the index opened up 0.3%, while the German index DAX was down almost 0.1%. that of France CAC40 was down almost 0.5%, while that of Italy MIB FTSE was about 0.1% lower.
Most regional sectors were in negative territory, although oil and gas stocks and technology companies made gains, up 0.9% and 1.1%, respectively.
Global markets will begin the new trading week on a shaky note following the arrival of US President Donald Trump. declared Iran’s counter-proposal to end the war in the Middle East as “unacceptable”.
Negotiators received Iran’s response to US proposals for peace talks, with the Tehran regime demanding an end to the war on all fronts and the lifting of sanctions against the country, Iran’s semi-official spokesman said. Tasnim news agency saidciting a well-informed source.
But Trump said in a Truth Social article Sunday evening that he I didn’t like Iran’s response, adding that it was “TOTALLY UNACCEPTABLE!”
Meanwhile, Israeli Prime Minister Benjamin Netanyahu declared on Sunday that the war with Iran was “not finished,” as the United States and Israel still aim to curb Tehran’s nuclear ambitions.
Oil futures climbed And US futures were down in day-to-day exchanges following the latest developments.
Trump’s trip to China later this week is also in focus, with the president set to speak with China’s prime minister. Xi Jinping on a wide range of topics, from trade to rare earth export controls to global geopolitics.
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There are no earnings or major data releases in Europe on Monday.
— Anniek Bao of CNBC contributed to this market report.
