European Stocks Head Mostly Higher in Thursday Trading; Nokia, NestAI Team Up to Build Defense Products

European stock markets were tracking mostly higher Thursday as traders monitored the rise in hostilities between the US and Iran, which threatened to derail peace talks between the two countries. The Stoxx600 was up 0.8%, Germany's DAX was adding 0.9%, France's CAC was rising 0.9%, while the UK's FTSE 100 was easing 0.2%. In a post on X, US Central Command said it completed a second round of strikes, hitting 90 more Iranian military targets. The US military had struck 80 Iranian targets the day before in response to Iran's attacks on three commercial ships transiting the Strait of Hormuz. President Donald Trump told reporters that Iran had reached out and "badly" wanted to make a deal to halt the escalating hostilities in the Middle East. Trump said he does not know if the two nations are returning to an all-out conflict, but added that the US would win "very quickly" if the war resumed. In economic news, Germany's international trade surplus reached 19.1 billion euros in May, up from 14.7 billion euros in April, and also an increase from 18.8 billion euros in May a year earlier, Destatis reported. In corporate news, Nokia said Thursday that its defense business and NestAI.