European stocks closed broadly lower on Thursday as concerns about interest rates following the Federal Reserve’s hawkish tone rendered the mood bearish. News about U.S. and Iran signing an interim peace plan help limit markets‘ downside to some extent.
U.S. President Donald Trump and his Iranian counterpart Masoud Pezeshkian electronically signed the “Islamabad Memorandum of Understanding.”
The MoU will enter into force with immediate effect and as a first step, Iran will instantly reopen the Strait of Hormuz and the United States will immediately lift the naval blockade of Iranian ports.
Subscribe to continue reading the article.
This article is available exclusively to RTT Biotech Investor and Intelligent Investor subscribers. Subscribe with a RTTNews subscription.
Start Free Trial
FREE 7-Day Trial – No Payment Required
Market Analysis
European Markets Close Broadly Lower On Interest Rate Concerns
2026-06-18 17:49:53
