European stocks rebounded sharply on Friday afternoon Iran said the Strait of Hormuz was open to commercial shipping.

European stocks are expected to open in mixed territory on Wednesday as regional traders assess the trajectory of the U.S.-Iran war.

European stocks are expected to open in mixed territory as investors assess a confused picture of where the Iran war and peace talks are headed.

Further optimism came as Iran said it would reopen the Strait of Hormuz.

European stocks rebounded sharply on Friday afternoon Iran said the Strait of Hormuz was open to commercial shipping.

U.S. stocks race toward the finish of a third straight week of big gains.