Despite spending much of the day's trading session well above the flat line, the major European markets ended on a mixed note on Tuesday with stocks paring gains as the mood turned cautious amid uncertainty about a U.S.-Iran peace deal.
Although U.S. President Donald Trump's decision to postpone a planned strike on Iran helped lift sentiment early on in the day, doubts over a potential deal rendered the mood cautious towards the end of the session.
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Market Analysis
May 15, 2026 15:25 ET Apart from the confirmation of Kevin Warsh as the next Fed chair, the main news on the economics front this week included key price data from the U.S. and the first quarter economic growth figures from major economies. Both consumer prices and producer costs have started to reflect the effect of supply shocks due to the Middle East conflict. In Europe, GDP data was in focus, while inflation data from China dominated the news flow in Asia.