Despite a spell in positive territory early on in the session, European stocks closed weak on Tuesday as investors weighed the prospects of fresh talks between the U.S. and Iran ahead of the expiry deadline for the two-week ceasefire between the two nations.
According to reports, Pakistan is pressing ahead with the groundwork for a second round of talks between Iran and the United States in Islamabad as a fragile ceasefire hung in the balance, even though it remained unclear whether Tehran would send a delegation.
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April 17, 2026 15:29 ET The ongoing conflict in the Middle East continues to raise concerns for policymakers who worry about the impact of the supply shock and high energy prices on the real economy. Producer price data and various survey results on the housing market were the main news from the U.S. this week. In Europe, industrial production data for the euro area gained attention. GDP figures out of China and the policy move by the Singapore central bank were in focus in Asia.