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⬤ MEDIUM 06 Aug 2026, 09:48 UTC

Global Market: European shares hit record high as peace hopes, strong earnings lift sentiment

European stock markets extended record gains as optimism over a potential U.S.-Iran peace agreement eased energy supply concerns and strong corporate earnings boosted investor confidence. Deutsche Telekom and Glanbia led sectoral advances, while resilient technology shares and improving earnings expectations supported broader market sentiment ahead of euro zone retail sales data.
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