By Frank Prenesti
Date: Friday 08 May 2026
(Sharecast News) - European shares pared morning losses on Friday as the US and Iran exchanged fire in the Strait of Hormuz, raising fears that the fragile ceasefire between the two may not hold.
The pan-regional Stoxx 600 index was down 0.52% to 613 at 1152 BST with all major bourses...
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