European Shares Seen Lower As Israel-Iran Tensions Escalate

From Nasdaq: 2025-06-17 01:43:00

European stocks may drift lower as conflict between Iran and Israel escalates, with casualties reported on both sides. Multiple countries issue travel advisories for citizens in the region. Israeli PM Netanyahu vows to destroy Iran’s nuclear program with U.S. support. G7 leaders affirm Israel’s right to defend itself and urge resolution for wider calm in the Middle East. Iran launches missiles toward Israel, prompting nationwide alert. Traders watch for progress on trade deals and await monetary policy decisions from the Federal Reserve and Bank of England. U.S. stocks rise amid hopes of containing conflict between Israel and Iran.

European stocks recover from early slide, end higher amid optimism that Israel-Iran conflict will have limited economic impact. STOXX 600 edges up by 0.4 percent. German DAX, France’s CAC 40, and U.K.’s FTSE 100 also gain. U.S. stocks surge overnight on hopes of containing conflict between Israel and Iran. Asian markets lower after Trump urges Iranians to evacuate Tehran. Dollar index trades with mild losses, gold edges up, and oil prices rise nearly 1 percent on concerns about oil supply disruption. U.S. economic data on retail sales and industrial production may impact trading later in the day.



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