European stocks set to start the week lower as Iran peace hopes fade

Italia

LONDON — European stocks are expected to start the new trading week on a somber note as global traders assess developments in the Middle East over the weekend. The U.K.'s FTSE index is seen opening 0.62% lower, with Germany's DAX down 1.45%, France's CAC 40 down 1% and Italy's FTSE MIB 0.9% lower, according to data from IG. European bourses look set to follow Asia-Pacific stocks lower on Monday as investors react to U.S. plans to blockade the Strait of Hormuz. The move was announced after talks

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