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Europe close: Stocks weaker as global tech rout continues
By Josh White
Date: Tuesday 07 Jul 2026
(Sharecast News) - European shares closed lower on Tuesday as oil prices rose on reports that a tanker had been hit in the Strait of Hormuz, while technology stocks fell after another sell-off in Asia driven by persistent concerns over artificial intelligence valuations.
The pan-European Stoxx 600 fell 0.65% to 646.29.
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