European stocks steady as investors weigh Hormuz risks, data calendar By Reuters
β’ European shares remained steady on Monday, with the pan-European STOXX 600 holding at 660.12 points. β’ Market stability follows a record-high close on Friday, where the benchmark climbed 1.7% driven by strong corporate earnings and expectations of lower U.S. borrowing costs. β’ Investors are currently balancing risks associated with the Strait of Hormuz, which has kept oil prices elevated, against a packed upcoming calendar of economic data.
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