U.S. Stock Markets End Monday on High Note
The Dow Jones Industrial Average edged up 46.42 points, or 0.09%, to close at 51,078.88. The S&P 500 advanced 19.9 points, or 0.26%, ending at 7,599.96, while the Nasdaq Composite gained 114.19 points, or 0.42%, to settle at 27,086.81.
Market uncertainty nevertheless increased, with the CBOE Volatility Index (VIX)—widely known as Wall Street's "fear index"—rising 4.77% to 16.05.
Geopolitical developments remained in focus throughout the trading day. According to semi-official news agency, Tehran suspended indirect communications and text exchanges with the United States through mediators, citing ongoing Israeli military actions in Lebanon.
Separately, the Intelligence Organization of Iran’s Islamic Revolutionary Guard Corps (IRGC) said it considers any breach of what it described as red lines in Lebanon and Gaza to be a direct act of war and an effort to impose costs on Iran’s national security and the so-called resistance axis.
Addressing the situation, Trump said he was "going to ask" Israeli Prime Minister Benjamin Netanyahu "what’s going on with Lebanon."
The US president also stated that "all shooting" between Israel and Hezbollah would be halted following a series of discussions involving the parties. He added, "There will be no Troops going to Beirut, and any Troops that are on their way, have already been turned back."
Trump further indicated that Washington would welcome a pause in hostilities if Tehran moves to suspend indirect peace negotiations with the United States.
European Stocks Slide on Regional Uncertainty
European markets closed before Trump's remarks, with investor sentiment weighed down by concerns over the evolving situation in the Middle East.
The pan-European Stoxx Europe 600 index declined 0.76% to finish at 621.24 points.
Among major national benchmarks, Britain's FTSE 100 ended 0.68% lower at 10,338.95, while Germany's DAX 40 lost 0.4% to close at 25,003.04.
France's CAC 40 fell 0.45% to 8,146.59, Italy's FTSE MIB 30 slipped 0.52% to 49,775.16, and Spain's IBEX 35 recorded the sharpest decline among the region's leading indexes, dropping 0.97% to 18,184.90.
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