Canadian Stocks Climb As U.S.-Canada Talks Continue  Nasdaq

(Reuters) -European shares rose on Monday, extending the strong momentum from last week on optimism over a potential Ukraine peace deal, while investors turned their attention to upcoming U.S. inflation data and tariff negotiations later in the week. The pan-European STOXX 600 index was up 0.3% by 0708 GMT, hovering near its strongest level since July 31. Ukrainian President Volodymyr Zelenskiy won diplomatic backing from Europe and the NATO alliance ahead of a Russia-U.S. summit this week, where Kyiv fears Russian President Vladimir Putin and U.S. President Donald Trump may try to dictate terms for ending the 3-1/2-year war. Trump, who is set to meet Putin in Alaska on Friday, said a potential deal would involve "some swapping of territories to the betterment of both (sides)." Hopes of a peace deal weighed on German defence companies. Shares of Rheinmetall (ETR:RHMG) dropped 3.7%, while those in Renk and Hensoldt were down 3% and 2.1%, respectively. Orsted (CSE:ORSTED) plunged 22% after the Danish wind farm developer said it plans a 60-billion-crown ($9.4 billion) rights issue, citing adverse development in the U.S. offshore wind market. Northern Data dropped nearly 3% after U.S. video platform and cloud services provider Rumble said it was considering an offer of about $1.17 billion for the German AI cloud group. Don't miss out on the next big opportunity! Stay ahead of the curve with ProPicks AI – 6 model portfolios fueled by AI stock picks with a stellar performance this year... In 2024 alone, ProPicks AI identified 2 stocks that surged over 150%, 4 additional stocks that leaped over 30%, and 3 more that climbed over 25%. That's an impressive track record. With portfolios tailored for Dow stocks, S&P stocks, Tech Stocks, and Mid Cap stocks, you can explore various wealth-building strategies. So if RHMG is on your watchlist, it could be very wise to know whether or not it made the ProPicks AI lists.

Investing.com -- Iran’s Foreign Minister Abbas Araqchi stated that Iran and the United States have not reached the point where "effective" nuclear talks can take place, according to remarks published by Iranian state media on Wednesday. "Negotiations with the U.S. must be held at their own time. Every negotiation has a specific time called ’negotiation maturity’ and it must reach that maturity in order to be held," Araqchi said. The Iranian diplomat added, "In my opinion, we have not yet reached the point of maturity where effective negotiations with the U.S. can take place." This article was generated with the support of AI and reviewed by an editor. For more information see our T&C. AI computing powers are changing the stock market. Investing.com's ProPicks AI includes 6 winning stock portfolios chosen by our advanced AI. In 2024 alone, ProPicks AI identified 2 stocks that surged over 150%, 4 additional stocks that leaped over 30%, and 3 more that climbed over 25%. Which stock will be the next to soar?

Could talk about delays to EU tariffs if they start moving to the USTalks with EU are slow movingI'm not looking for a deal, it's set at 50%Numerous other deals ready to be signedWould also tariff Samsung and others who make iPhonesCook said he would go to India but there would still be tariffs that wayThis has slowed the rebound in stocks. Obviously, he is looking for a deal with the EU but this is how he talks. Then again, who knows with Trump. This article was written by Adam Button at www.forexlive.com.