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Global Market: European shares muted at open as investors track US-Iran talks, oil gains

Economic Times Markets
Global Market: European shares muted at open as investors track US-Iran talks, oil gains
Economic Times Markets

European shares opened largely flat on Tuesday as investors remained cautious over potential US-Iran talks and developments around the Strait of Hormuz. Energy stocks gained 0.4% as oil prices recovered, while retail stocks rose 1.3%, led by Kingfisher. Insurance stocks declined, and investors awaited euro zone consumer confidence data for further economic signals.

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