Market Report - Europe

Europe open: Shares slump on UK political turmoil, Trump Iran comments

By Frank Prenesti

Date: Tuesday 12 May 2026

(Sharecast News) - European shares opened sharply lower as uncertainty over the future of UK Prime Minister Keir Starmer and Donald Trump's rejection of Iran's peace proposals both hit sentiment.
The pan-regional Stoxx 600 index was down almost 1% at 606 by 0825 BST. Britain's FTSE 100 fell 0.9% with the...

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