India, May 8 -- The major European markets finished under water again on Friday for a second straight session, opening firmly lower and then remaining in the red throughout the trading day to end at session lows.

The markets were down as escalating U.S.-Iran tensions curbed investors' appetite for riskier assets. Investors also watched the latest British political developments after early results from nationwide elections suggested a historic drubbing for Prime Minister Keir Starer's Labor Party.

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