European stocks set to slump as Gulf tanker attacks threaten ceasefire

Government

LONDON — European stocks are expected to fall at the start of the new trading week on fears that a re-escalation of U.S.-Iran tensions over the weekend could derail the fragile ceasefire between the two countries. The U.K.'s FTSE 100 index is seen opening 0.34% lower, with Germany's DAX down 1.1%, and France's CAC 40 and Italy's FTSE MIB both 1% lower, according to data from IG. President Donald Trump said Sunday that a U.S Navy guided missile destroyer had fired on and disabled an Iranian -

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