Market Report - Europe

Europe open: Tech stocks under pump after Asia sell-off; Oil up on Hormuz jitters

By Frank Prenesti

Date: Tuesday 07 Jul 2026

(Sharecast News) - European shares opened lower on Tuesday and oil prices rose slightly amid reports that a tanker had been hit in the Strait of Hormuz while tech stocks fell on another sell-off in Asia.
The pan-regional Stoxx 600 was down 0.05% to 650 at 0809 BST.

Brent crude...

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