Market Report - Europe
Europe open: Shares surge, oil falls as Trump claims progress on Iran deal
By Frank Prenesti
Date: Wednesday 06 May 2026
(Sharecast News) - European shares surged and oil prices fell at the open on Wednesday as US President Donald Trump claimed "great progress" was being made on a peace deal with Iran.
The pan-regional Stoxx 600 index was up 1.42% to 618.4 at 0856 BST with all major continental bourses higher.
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