French stocks ended mixed on Monday as uncertainty over the reopening of the Strait of Hormuz weighed on sentiment. The benchmark CAC 40 moved in a tight range, with EssilorLuxottica falling about 2.5% while STMicroelectronics rose 2.2%. Brent crude futures climbed to $84.97 a barrel before settling around $87.45, up nearly 1.3%, after Iran warned it would not reopen the strait unless the U.S. meets certain conditions. Investors also looked ahead to U.S. inflation data later this week for clues on Federal Reserve rate moves.
