economy
European stocks end higher as investors mull potential Iran ceasefire extension
Shares listed in Europe ended broadly higher on Friday morning.
TL;DR
- European stocks closed higher on Friday, with the Stoxx 600 index up 0.2%.
- Investors weighed the prospects of an extended U.S.-Iran ceasefire, which could last 60 days and set a framework for nuclear program talks.
- The Stoxx Aerospace and Defense index rose about 1% after a Russian drone incident in Romania.
- Asian markets, including South Korea's Kospi and Japan's Topix, hit record highs.
- U.S. equities also showed gains, with the Dow Jones Industrial Average up 0.7%.