Trump said a ceasefire with Iran was over, sending oil prices sharply higher and knocking European banks, energy and defense stocks lower. Stoxx Europe 600 fell 1.3%. Germany's DAX dropped 1.9% — Rheinmetall -5.1%, Deutsche Bank -4.3%. France's CAC 40 slipped 2.0% — Renault and Societe Generale down ~4.3% each. UK's FTSE 100 lost 1.3%; Babcock International -4.3%. Spain's IBEX 35 led regional weakness after Trump said he did not want trade with Spain. Italy's FTSE MIB fell 1.25%; the Netherlands

Trump said a ceasefire with Iran was over, sending oil prices sharply higher and knocking European banks, energy and defense stocks lower. Stoxx Europe 600 fell 1.3%. Germany's DAX dropped 1.9% — Rheinmetall -5.1%, Deutsche Bank -4.3%. France's CAC 40 slipped 2.0% — Renault and Societe Generale down ~4.3% each. UK's FTSE 100 lost 1.3%; Babcock International -4.3%. Spain's IBEX 35 led regional weakness after Trump said he did not want trade with Spain. Italy's FTSE MIB fell 1.25%; the Netherlands' AEX was down 0.3%.