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Bloomberg

European Stocks Muted as Telecoms Drop on SpaceX Disruption Fear

Monday, June 29, 2026


European stocks remained relatively flat as the telecom sector declined. Investors cited concerns that SpaceX may increase its share of the mobile market and weighed the potential effects of reduced tensions between the US and Iran on financial markets.

Original reporting: https://www.bloomberg.com/news/articles/2026-06-29/european-stocks-steady-as-us-and-iran-agree-to-halt-hostilities

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