Summary of European markets close 1% lower as investors focus on Middle East escalation
Summary of European markets close 1% lower as investors focus on Middle East escalation
The source article:
European stocks closed lower on Thursday amid conflict in the Middle East, with the Stoxx 600 down 1%. Oil and gas stocks ended slightly higher, while auto stocks slumped over reports of potential EU tariffs on Chinese electric vehicle makers. The ongoing Middle East conflict, highlighted by Israel's airstrikes in Beirut, impacted investor sentiment. Additionally, mixed economic data across regions, including steady euro zone unemployment rates, further influenced market performance. In the US, stocks dipped following higher than expected jobless claims ahead of the September payrolls report.
The source article:
quoting nevent1q…z6ulEuropean markets close 1% lower as investors focus on Middle East escalation
European stocks closed lower Thursday as conflict in the Middle East weighed on regional investor sentiment.
https://www.cnbc.com/2024/10/03/european-markets-stocks-news-data-and-earnings.html
European stocks closed lower on Thursday amid conflict in the Middle East, with the Stoxx 600 down 1%. Oil and gas stocks ended slightly higher, while auto stocks slumped over reports of potential EU tariffs on Chinese electric vehicle makers. The ongoing Middle East conflict, highlighted by Israel's airstrikes in Beirut, impacted investor sentiment. Additionally, mixed economic data across regions, including steady euro zone unemployment rates, further influenced market performance. In the US, stocks dipped following higher than expected jobless claims ahead of the September payrolls report.