European stocks rise in early trading, German and Italian markets each up 0.5%, UK stocks slightly weaker

U.S. President Trump stated that Iran has agreed to hand over enriched uranium, and the U.S. and Iran are very close to reaching an agreement. European stocks rose in early trading, while mining stocks dragged down the UK market.

The pan-European STOXX 600 index rose by 0.47 points or 0.1%, to 617.42 points; the UK FTSE 100 index fell by 18 points or 0.2%, to 10,571 points; the French CAC 40 index rose by 23 points or 0.3%, to 8,286 points; the German DAX index rose by 110 points or 0.5%, to 24,265 points; the Spanish IBEX 35 index rose by 40 points or 0.2%, to 18,130 points; the Italian FTSE MIB index rose by 248 points or 0.5%, to 48,275 points.

In individual stocks, Germany's Lufthansa announced it would immediately ground dozens of aircraft and cut capacity, with the stock rising by 0.7%. Swedish telecom equipment maker Ericsson's quarterly adjusted operating profit slightly missed expectations, with the stock rising by 0.4%. French train manufacturer Alstom withdrew its earnings guidance and stated it would not meet profit targets, with the stock plunging by 28.6%. Mining stocks Antofagasta and Anglo American fell by 2.2% and 1.7%, respectively, while Glencore and Fresnillo each fell by over 1%.

In U.S. stock futures, Dow futures rose by 139 points or 0.3%, to 48,906 points; S&P 500 futures rose by 10 points or 0.1%, to 7,087 points; Nasdaq 100 futures rose by 11 points, to 26,498 points.

In the Asia-Pacific stock market, Shanghai stocks fell by 0.1%, Shenzhen stocks rose by 0.6%, Hong Kong and Taiwan stocks fell by 0.9%, while Japanese and South Korean markets fell by 1.8% and 0.6%, respectively. Australian and New Zealand markets fell by 0.1% and 1.2%, respectively, while the Indian stock market recently rose by 0.5%, and the Singapore stock market is currently down by 0.2%