European stocks ended Monday’s session in mixed territory after Asia-Pacific markets broadly rose, with investor attention focused on the latest developments in the U.S.-Iran war.
The pan-European Stoxx 600 benchmark closed just below the flatline. France’s CAC 40 led the main indexes, notching a 0.33% gain, followed by the Italian FTSE MIB, which rose 0.25%. The U.K.’s FTSE 100 fell almost 0.1%, as Germany’s DAX shed 0.25%.
In Asia, Japan’s Nikkei 225 closed 2.12% higher, while South Korea’s Kospi rose 4.61%. Mainland China’s CSI 300 gained 0.59%. Australia’s benchmark S&P/ASX 200 rose marginally higher.
Oil prices moved higher as Middle East turmoil persisted, with the U.S. striking three Iranian oil tankers over the weekend and U.S. Central Command saying Tehran had targeted its warships with ballistic missiles.
Brent crude, the international price benchmark, was last seen up 1.45% at $97.68 a barrel, while U.S. West Texas Intermediate futures added 1.65%, trading at $92.99.
Diminishing hopes for a deal with Iran, U.S. Secretary of Energy Chris Wright said Sunday that the Iran nuclear deal may not happen anytime soon.
“There may not be a nuclear agreement. It may be simply destroying their capabilities to do it,” Wright said on ABC News’ “This Week.” “An agreement may await the next administration in Iran. We simply don’t know that.”
Preventing Iran from acquiring a nuclear weapon has repeatedly been cited by President Donald Trump as a key objective of the U.S. campaign. At the same time, Trump has continued to pursue a diplomatic agreement with Tehran during the war, which has driven energy prices sharply higher around the world.
Wright’s remarks indicate that the administration could seek to eliminate Iran’s ability to develop a nuclear weapon even without securing a formal agreement with Tehran.
U.S. stock markets are closed on Monday for the Labor Day holiday.
Source: https://www.cnbc.com/2026/09/07/stock-market-today-live-updates.html