European Stocks Jump After Cease-Fire Announcement

European equities surged at the open after news of a two‑week cease‑fire between the U.S. and Iran, boosting risk appetite across the region. Germany’s DAX jumped about 5% and France’s CAC 40 rose roughly 4%, lifting broader European benchmarks (primary instrument: Europe 50). Britain’s FTSE 100 gained around 2% but was held back by large oil majors (BP and Shell), which fell about 8% and 7% respectively. Energy markets moved sharply: Brent futures plunged ~13% on expectations of eased supply as the Strait of Hormuz reopens, while earlier wartime LNG disruptions (Qatar) had previously supported European gas prices. Overall market reaction was bullish for European equities, with energy names underperforming amid a sharp oil price decline.