Stoxx 600, FTSE, DAX, CAC, Iran latest news,

LONDON — European stocks are expected to open in negative territory on Thursday as investors weigh the possibility of a peace deal to end the Iran war.

of england FTSE The German index is expected to open with a decrease of 0.9% DAX France fell by 1.1 percent CAC 40 fell 1 percent and Italy FTSE MIB 0.6% according to IG data.

European stock markets appear poised to follow their Asia-Pacific counterparts as investors weigh mixed signals from US-Iran negotiations to end the war in the Middle East.

U.S. Secretary of State Marco Rubio said some progress had been made in talks with Iran and “we will give it every chance to succeed,” adding that the United States preferred the “negotiated diplomatic route.”

But President Donald Trump He said that he would not allow Iran to control the Strait of Hormuz under the agreement.

While a Reuters report, citing Iranian state media, said Tehran had committed to restoring commercial traffic through Hormuz to pre-war levels within a month following the agreement with the United States, the White House said in a post on social media that the report on the memorandum of understanding was a “complete fabrication.”

Meanwhile, US forces launched new attacks on Iran. According to MS Now on Wednesday. These actions were “measured, purely defensive and intended to maintain the ceasefire,” a US official told MS NOW. Following the developments, oil prices started to rise at night.

U.S. S&P 500 futures were little changed overnight as traders expected the April personal consumption expenditures price index reading to be released at 8:30 a.m.

The index is the Federal Reserve’s preferred indicator of inflation, and economists surveyed by Dow Jones expect a 0.5% increase on a monthly basis and a 3.8% increase on an annual basis.

There are no significant gains in Europe on Thursday. Data releases include European business and consumer confidence data.

— CNBC’s Lisa Kailai Han and Justina Lee contributed to this market report.