European shares gain as US-Iran peace optimism lifts risk sentiment
By Tharuniyaa Lakshmi and Purvi Agarwal July 27 (Reuters) - European shares climbed on Monday, as a pause in U.S.-Iran hostilities over the weekend sent oil prices lower and boosted risk appetite, ahead of a pivotal week of earnings from major U.S. tech companies. The pan-European STOXX 600 index was up 0.7% at 648.9, as of 0850 GMT, having touched its highest since July 7.
By Tharuniyaa Lakshmi and Purvi Agarwal July 27 (Reuters) - European shares climbed on Monday, as a pause in U.S.-Iran hostilities over the weekend sent oil prices lower and boosted risk appetite, ahead of a pivotal week of earnings from major U.S. tech companies. The pan-European STOXX 600 index was up 0.7% at 648.9, as of 0850 GMT, having touched its highest since July 7.
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