:max_bytes(150000):strip_icc()/GettyImages-2283565088-b0b69179ed1d4fcc85a9c90fa8301b61.jpg?#)
European stocks steady as investors weigh Hormuz risks, data calendar | live
Aug 10 (Reuters) - European shares were little changed on Monday as uncertainty over the reopening of the Strait of Hormuz kept oil prices elevated, while investors looked ahead to a packed week of economic data. The pan-European STOXX 600 held its ground at 660.12 points, as of 0715 GMT. The benchmark climbed 1.7% last week and closed at a record high on Friday, supported by expectations of lower U.S. borrowing costs after soft jobs data and strong corporate earnings on both sides of the Atlantic.
Aug 10 (Reuters) - European shares were little changed on Monday as uncertainty over the reopening of the Strait of Hormuz kept oil prices elevated, while investors looked ahead to a packed week of economic data. The pan-European STOXX 600 held its ground at 660.12 points, as of 0715 GMT. The benchmark climbed 1.7% last week and closed at a record high on Friday, supported by expectations of lower U.S. borrowing costs after soft jobs data and strong corporate earnings on both sides of the Atlantic.
What's Your Reaction?
