Trump announces end of ceasefire agreement with Iran, European stock markets generally fall
US President Trump announced that the ceasefire agreement with Iran has ended, oil prices have risen, and European banks and energy stocks have fallen. The European Stoxx 600 index fell 1.3%; The German DAX index fell 1.9%, Rheinmetall fell 5.1%, and Deutsche Bank fell 4.3%; The French CAC40 index fell 2%, while Renault and Societe Generale fell 4.3% respectively; The FTSE 100 index in the UK fell 1.3%, while Babcock International fell 4.3%. The Spanish IBEX 35 index fell the most due to Trump's statement that he did not want any trade with Spain. The FTSE MIB index in Italy fell by 1.25%, while the AEX index in the Netherlands fell by 0.3%.