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The Economic Times
The Economic Times
Business

Global Markets | European shares climb to over two-month highs on Iran-US peace optimism

European shares opened ​on Monday at their highest levels in more than two months, buoyed by signs that Iran and the United States were negotiating an end to their conflict, easing ‌concerns about ⁠inflation and ⁠a global economic slowdown.

The pan-European STOXX 600 was up 0.61% at 628.93 points, as ​of 0712 GMT, trading just shy of a record high touched in late February, ​just before the Middle East war erupted.

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