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European stocks rally on peace signals

European stocks rally on peace signals

European stocks recorded a strong start, with the "Stoxx Europe 600" index reaching record levels after the United States and Iran announced a preliminary peace agreement aimed at ending the military conflict and reopening the Strait of Hormuz. This development led to a market recovery, erasing previous losses, and the main European indices such as Germany, France, and Britain rose between 0.70% and 1.70%.

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