European stocks end higher as investors mull potential Iran ceasefire extension European stocks closed higher on Friday, influenced by speculation about a potential extension of the fragile U.S.-Iran ceasefire, despite renewed military actions from Iran. Asian markets reached record highs, and U.S. equities also saw gains. The Stoxx 600 index rose, with the aerospace and defense sector showing particular strength.

• European stocks closed higher on Friday, with the Stoxx 600 index up 0.2%.
• Investors weighed the prospects of an extended U.S.-Iran ceasefire, which could last 60 days and set a framework for nuclear program talks.
• The Stoxx Aerospace and Defense index rose about 1% after a Russian drone incident in Romania.
• Asian markets, including South Korea’s Kospi and Japan’s Topix, hit record highs.
• U.S. equities also showed gains, with the Dow Jones Industrial Average up 0.7%.