European stocks closed higher on Wednesday as hopes of a potential U.S.-Iran peace deal helped offset concerns about economic growth and prompted investors to indulge in some buying. Data showing a bigger than expected drop in UK inflation contributed as well to the positive sentiment.U.S. President Donald Trump claimed on Tuesday that the U.S. war with Iran will end “very quickly.””We’re going to…

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European Stocks Close Broadly Higher On U.S.-Iran Peace Deal Hopes

2026-05-20 17:09:14

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