Wire flash
FinanceEuropean shares snap four-week winning streak; Stoxx 600 falls 1.8% on tech selloff, US-Iran tensions
Editorial responsibility
- No named human review is recorded for this page.
- Source reporting is collected, normalized, translated or condensed automatically when needed.
- Automatically published source-backed update
European shares ended a four-week winning streak, with the Stoxx 600 falling 1.8% as investor optimism about an easing energy supply shock faded. The decline was driven by a tech selloff and escalating US-Iran tensions, including direct strikes between the two countries and the US re-imposing sanctions on Iranian oil. These developments pushed Brent crude futures up 5% for the week, heightening concerns over energy supply disruptions. The market downturn reflects growing geopolitical risk and its impact on global energy markets.
Source report
Here is the rewritten news content as clean, well-structured English Markdown.
Publication Date: 2026-07-11 01:09:33
European Shares Snap Four-Week Winning Streak on Tech Selloff, US-Iran War
The Stoxx 600 lost 1.8% as investors dialled back hopes for the energy supply shock easing soon.
Published: Sat, Jul 11, 2026 · 09:09 AM
- The US and Iran traded strikes, while Washington re-imposed sanctions on Iranian oil, sending Brent futures up 5% for the week. (PHOTO: REUTERS)
Source
The Business TimesWestern
Part of this Story
European Shares Hit Two-Month High on Iran-US Peace Optimism