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European Stocks Close Mostly Higher in Monday Trading; Investors Indicate Optimism Over Middle East Peace Deal

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The European stock markets closed mostly higher in Monday trading as investors reacted to claims from both the US and Iran that there has been significant progress toward a peace deal.

The Stoxx Europe rose 0.6%, Germany's DAX advanced 0.5%, the FTSE 100 increased 0.7%, France's CAC declined 0.2%, and the Swiss Market Index gained 0.4%.

And in corporate news, ASML said it has never shipped its most advanced extreme ultraviolet lithography machines to China after US Commerce Secretary Howard Lutnick raised concerns that one of the systems may have reached the country in violation of US export restrictions, Bloomberg reported Friday, citing a company spokesperson.

In a statement sent to, ASML said it has "never shipped an EUV machine to China" and has not supplied the country with "any component, module or equipment specially designed to be used in an EUV machine."

Shares of the Dutch semiconductor company increased 1% in Amsterdam.

Ryanair said Monday its board concluded an agreement granting Group Chief Executive Michael O'Leary a one-time option to purchase 10 million ordinary shares under an extended contract through April 2032.

The executive will have the option to buy 10 million shares at 26.70 euros ($30.60) each if the company's stock price exceeds 42 euros for 28 consecutive days, or if its after-tax profit reaches 4 billion euros, the company said.

Shares of the Irish airline rose 2.6% in Dublin.

STMicroelectronics said Monday it released a new 3-dimensional light detection and ranging module designed for artificial intelligence applications on small computing devices.

The device has a 2.3K zone resolution, on-chip data processing, and a spatial sensing range spanning from 5 centimeters to 9 meters, the company said.

Shares of the semiconductor company advanced 2.1% in Paris.

ArcelorMittal has teamed up with Amazon Web Services to advance industrial automation in its global operations using cloud, artificial intelligence, and edge technologies, the company said Monday.

The collaboration brings Amazon cloud and AI capabilities to ArcelorMittal's steel manufacturing processes to optimize production and improve safety, reliability and energy efficiency, the company said.

Shares of ArcelorMittal gained 1.4% in Paris.

Alphabet's Google Cloud said Monday that it has expanded its partnership with Nokia to embed Gemini AI models into Nokia's network software to automate telecom operations.

The system introduces six AI agents that help detect, diagnose, and resolve network issues faster by processing large data streams and reducing manual troubleshooting, the company said.

Shares of Nokia climbed 4.2% in Helsinki.

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