European stocks were broadly higher on Monday after Wall Street's main indexes ended last week with new highs.
As talks between the United States and Iran enter a new phase of uncertainty, media reports suggested that Iran has proposed reopening the Strait of Hormuz and ending the war while postponing nuclear negotiations to a later stage.
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Market Analysis
May 01, 2026 15:54 ET Central banks dominated the economics news flow this week with almost all major ones announcing their latest policy decisions and many boosted expectations for a rate hike in June. In other news, several countries released the preliminary data for first quarter economic growth. In the U.S., comments by Fed Chair Jerome Powell were also in focus as his term ends this month.