TRUMP SAID IRAN HAD ASKED FOR A HALT TO US ATTACKS AND NEGOTIATIONS ARE STILL ONGOING ; TSLA +5 % AFTER MUSK UNVEILED A FLYING CAR - NEWSQUAWK US MARKET OPEN

What happened: Trump said Iran asked for a halt to US attacks and negotiations are ongoing. Tesla rose pre-market after Musk unveiled a "flying" car, the Roadster, which uses thrusters to land after a ramp jump. Key numbers: TSLA +5% pre-market. Roadster 0-60mph in under 1 second, production in 2028. STOXX 600 +0.5%. Why it matters: European bourses rebounded with autos leading and tech recovering. UK banks fell after Bloomberg reported Chancellor Healey will raise taxes on banks, including a 3% bank surcharge increase. Fed Chair Warsh gave no rate guidance, pressuring the dollar.

Trump said Iran asked for a halt to US attacks and negotiations are ongoing. Tesla rose pre-market after Musk unveiled a "flying" car, the Roadster, which uses thrusters to land after a ramp jump.

European bourses rebounded with autos leading and tech recovering. UK banks fell after Bloomberg reported Chancellor Healey will raise taxes on banks, including a 3% bank surcharge increase. Fed Chair Warsh gave no rate guidance, pressuring the dollar.