European stocks were mixed on Monday as uncertainty over the reopening of the Strait of Hormuz lingered. The pan-European STOXX 600 was marginally lower at 660.02, while the German DAX edged up 0.1 percent and France’s CAC 40 and the U.K.’s FTSE 100 both fell around 0.2 percent. Iran warned it will not reopen the strait unless the U.S. meets conditions, though President Trump signaled patience in an Axios interview. In corporate news, Plus500 soared 6.6 percent after record first-half results, Marshalls fell 2.4 percent on a marginal revenue decline, and Aryzta slumped more than 12 percent after lower first-half profit and revenue. U.K. permanent staff appointments stabilized in July, ending a 45-month downturn, according to the KPMG/REC Report on Jobs.
