07:44 AM EDT, 06/15/2026 (MT Newswires) -- European bourses tracked into fresh record-high territory midday Monday, after Tehran and Washington announced that the Strait of Hormuz would re-open this week, as part of larger, ongoing peace negotiations.

The pan-continental Stoxx Europe 600 Index, a broad equity gauge, was up 0.7% mid-session, into fresh record-high levels.

Bank and tech shares gained on continental trading floors, while oil stocks sank.

Front-month North Sea Brent crude-oil futures were down 5% at $83.01 a barrel, in midday trades.

Investors also eyed Wall Street futures flashing green, and sharply higher closes overnight on Asian exchanges, led by a 5% upsurge on Tokyo's Nikkei 225 index.

In economic news, seasonally adjusted industrial production in the Eurozone and in the European Union rose 0.1% in April from March, reported Eurostat. On year, industrial output increased by 0.3% in the euro area and by 0.9% in the broader EU.

The Stoxx Europe 600 Technology Index was up 1.2%, and the Stoxx 600 Banks Index gained 1.5%.

The Stoxx Europe 600 Oil and Gas Index eased 3%, while the Stoxx 600 Europe Food and Beverage Index declined 0.2%.

The REITE, a European REIT index, rose 0.2%.

On the national market indexes, Germany's DAX was up 1.2%, and the FTSE 100 in London gained 0.1%. The CAC 40 in Paris was up 1.2%, and Spain's IBEX 35 lifted 1.5%.

Yields on benchmark 10-year German bonds were lower, near 2.95%.

The Euro Stoxx 50 volatility index was down 7.6% at 17.29, indicating below-average volatility for European stock markets in the next 30 days, a positive signal. A reading above 20 indicates choppier markets ahead, while below 20 suggests calmer exchanges.