European stocks moved modestly higher on Thursday amid optimism the upcoming talks between officials from Iran and the U.S. will result in a potential resolution to the Middle East conflict.
According to reports, the warring nations are considering extending the ceasefire by two weeks in order to allow more time for talks.
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Market Analysis
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.