European markets head for lower open as Iran war continues [CNBC]
RHEINMETALL AG UNSP/ADR (RNMBY)
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Source: CNBC
Benoit Tessier | Reuters LONDON — European stocks are expected to open lower on Wednesday, as traders monitor intensifying operations in the Middle East. The U.K.'s FTSE index and Germany's DAX are seen opening 0.3% lower, France's CAC 40 down 0.4% and Italy's FTSE MIB is 0.5% lower. The U.S. Defense Secretary Pete Hegseth had warned on Tuesday that it would launch its most intense day of strikes on Iran. U.S. Central Command later said its forces had sunk several Iranian ships, including 16 minelayers , near the Strait of Hormuz, amid reports Tehran was seeking to mine the vital waterway. The U.S. announcement followed a post by President Donald Trump that said if Iran had put any mines in the Strait, “we want them removed, IMMEDIATELY!” He later claimed that 10 inactive minelaying ships were sunk , with “more to come.” Earnings come from Rheinmetall, Porsche, Henkel and Geberit. Data releases include the latest German inflation print. Asia-Pacific markets traded higher
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