US PRESIDENT TRUMP SAID IRAN HAD ASKED FOR A HALT TO US ATTACKS ; EUROPEAN BOURSES SET FOR A FIRMER OPEN AFTER THE RECENT TECH SELL OFF - NEWSQUAWK EU MARKET OPEN

What happened: US President Trump said Iran had asked for a halt to US attacks and that negotiations are ongoing. He said he would not use nuclear weapons but warned they may have to go to Pickaxe Mountain. APAC stocks traded mostly higher and European equity futures point to a firmer open after the recent tech selloff. Key numbers: SPX +0.34% at 7,745; NDX -0.05% at 29,936; DJI +1.08% at 51,178; RUT +1.37% Why it matters: Equities rebounded as tech pared losses, with Health Care, Materials and Financials leading. Crude benchmarks are in the red as the Middle East situation remains tense. Coverage: 4 outlets in 24h

US President Trump said Iran had asked for a halt to US attacks and that negotiations are ongoing. He said he would not use nuclear weapons but warned they may have to go to Pickaxe Mountain. APAC stocks traded mostly higher and European equity futures point to a firmer open after the recent tech selloff.

Equities rebounded as tech pared losses, with Health Care, Materials and Financials leading. Crude benchmarks are in the red as the Middle East situation remains tense.