By Josh White
Date: Friday 08 May 2026
(Sharecast News) - European shares closed lower on Friday as the US and Iran exchanged fire in the Strait of Hormuz, raising concerns that the fragile ceasefire between the two countries may not hold.
The pan-European Stoxx 600 fell 0.77% to 611.66.
Germany's DAX declined 1.44% to 24,307.42, France's CAC...
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