European stocks failed

Frankfurt — Despite spending much of the day’s trading session well above the flat line, major European markets ended on a mixed note on Tuesday with stocks paring gains as the mood turned cautious amid uncertainty about a US-Iran peace deal.

Although US 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.

The pan European Stoxx 600 gained 0.19%. The UK’s FTSE 100 settled 0.07% up, and Germany’s DAX climbed 0.38%, while France’s CAC 40 ended down by 0.07%. Switzerland’s SMI jumped 0.94%.

Among other markets in Europe, Belgium, Czech Republic, Finland, Netherlands, Norway, Portugal, Russia and Sweden ended higher.

European stocks failed

Austria, Denmark, Greece, Iceland, Ireland, Poland, Spain and Turkey closed weak.

In the UK market, IG Group Holdings soared 10.5% following the company raising its full-year 2026 organic revenue growth outlook.

In the German market, SAP surged 6%. Qiagen, Rheinmetall, Hannover RE, Merck, Deutsche Telekom, Bayer, E.ON, Fresenius, Henkel, Symrise and Gea Group also closed with strong gains.

In the French market, Capgemini climbed nearly 4.5%. Thales, Dassault Systemes, Publicis Groupe, Eurofins Scientific and Orange gained 2%-3%.

Sanofi moved up sharply after saying that a trial showed its rare disease therapy performed better in raising key lung protein in patients with a genetic form of lung disease.