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Markets

European stocks rebound after Trump’s war remarks

  • Frankfurt's DAX index of top German companies jumped 2.1 percent, the Paris CAC 40 rose 1.7 percent and London's FTSE 100 advanced 1.4 percent
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LONDON: European stock markets rebounded on Tuesday as energy prices eased after US President Donald Trump signalled that the US-Israel war on Iran could end sooner than expected.

Frankfurt’s DAX index of top German companies jumped 2.1 percent, the Paris CAC 40 rose 1.7 percent and London’s FTSE 100 advanced 1.4 percent.

World oil prices dropped by around eight percent and European natural gas prices plunged after Trump said the war was “going to be ended soon”.

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