European stocks surge at month's open after worst March since 2022. The Stoxx 600 climbed 2% with major bourses rallying across the board. Germany's DAX gained 2.1%, France's CAC 40 rose 1.9%, and London's FTSE 100 advanced 1.4%. The rebound follows President Trump's announcement that U.S. forces will withdraw from Iran within weeks, easing geopolitical tensions and supporting risk appetite. Oil prices dipped slightly as markets absorbed the statement, with Brent crude falling 0.4% to $103.82 per barrel. In corporate developments, wind energy firm Vestas received major orders totaling 225 megawatts across the U.S. and U.K., with Citi analysts upgrading the stock on improving market conditions. Conversely, Nike's Frankfurt shares declined sharply after the retailer warned of declining sales and a projected 20% drop in its crucial China market.
