Market Report - Europe

Europe open: Shares down, oil up as US-Iran exchange strikes again

By Frank Prenesti

Date: Wednesday 08 Jul 2026

(Sharecast News) - European shares opened sharply lower and oil prices rose after the US and Iran exchanged strikes overnight, placing fresh strains on their already fragile ceasefire.
The Stoxx 600 index was down 0.83% in early deals with most benchmark indices in negative territory. Sentiment was also hit by further...

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