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Europe · Daily Close

Europe closed broadly down.

Wednesday, July 8, 2026 · AI-powered market analysis by MarketBell
Bias
Bear
0 up · 8 down
Breadth
0/8
rising
Avg move
-1.68%
region avg
Top mover
IBEX
-2.73%
Markets Closed
FTSE 100United Kingdom$10,489-1.66%
DAXGermany$24,897-2.23%
CAC 40France$8252.66-2.18%
SMISwitzerland$14,174-1.30%
AEXNetherlands$1076.15-0.26%
IBEX 35Spain$19,104-2.73%
FTSE MIBItaly$51,817-1.22%
OMX NordicScandinavia$3144.48-1.90%
Why Europe closed broadly down
U.S.–Iran Tensions

Rising military friction between the U.S. and Iran triggered heavy selling in the IBEX 35.

Geopolitical Risk

Increased Middle East tensions pushed oil prices up, causing declines in European equities.

Fed Hawkishness

Expectations of a hawkish tone in Federal Reserve minutes under Chair Warsh led to cautious equity positioning.

Commodities Spot
Gold$4067.90-1.87%
Silver$58.27-4.38%
WTI Crude$74.58+5.88%
Brent Crude$78.95+6.46%
Bitcoin$62,028-2.00%
VIX$17.27+7.07%
US 10Y Yield$4.58+1.24%

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