European Stocks Retreat as Iran Conflict Deepens and Hormuz Blockade Casts Long Shadow Over Markets

European shares opened lower on Monday, surrendering some of last week’s relief gains as hopes for a swift end to the Iran conflict faded following the collapse of U.S.-Iran negotiations and President Trump’s surprise order to blockade the Strait of Hormuz. The pan-European STOXX 600 index slipped 0.7% to 610.52 points by 0834 GMT. Although […] The post European Stocks Retreat as Iran Conflict Deepens and Hormuz Blockade Casts Long Shadow Over Markets appeared first on Tekedia.

European Stocks Retreat as Iran Conflict Deepens and Hormuz Blockade Casts Long Shadow Over Markets

European shares opened lower on Monday, surrendering some of last week’s relief gains as hopes for a swift end to the Iran conflict faded following the collapse of U.S.-Iran negotiations and President Trump’s surprise order to blockade the Strait of Hormuz. The pan-European STOXX 600 index slipped 0.7% to 610.52 points by 0834 GMT. Although […]

The post European Stocks Retreat as Iran Conflict Deepens and Hormuz Blockade Casts Long Shadow Over Markets appeared first on Tekedia.

What's Your Reaction?

like

dislike

love

funny

angry

sad

wow