European stocks were sharply lower on Monday amid renewed tensons between the United States and Iran.
Tensions between the countries entered a new phase after the U.S. seized an Iranian vessel and Iran said it would not send a negotiating delegation for peace talks.
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April 17, 2026 15:29 ET The ongoing conflict in the Middle East continues to raise concerns for policymakers who worry about the impact of the supply shock and high energy prices on the real economy. Producer price data and various survey results on the housing market were the main news from the U.S. this week. In Europe, industrial production data for the euro area gained attention. GDP figures out of China and the policy move by the Singapore central bank were in focus in Asia.