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European Equities Poised for Fifth Day of Gains on Iran Negotiations

European stock markets are positioned to extend their winning streak Monday as diplomatic negotiations between the U.S. and Iran show signs of progress. France's Cac 40 index is expected to advance, while the U.K.'s FTSE 100 remains closed for a public holiday. Sentiment across European exchanges mirrors strength in Asian trading, where Japan's Nikkei 225 surged past 65,000 for the first time, marking a record high. Reports suggesting potential reopening of the Strait of Hormuz have boosted investor sentiment. Oil prices fell more than 5% following U.S. statements that negotiations are proceeding constructively, with negotiators instructed to avoid hasty agreements. The improved outlook and softer energy costs are bolstering investor confidence heading into the week.