European stock markets concluded Thursday's trading session lower, erasing the previous session's gains due to ongoing uncertainty surrounding Middle East peace talks. The European "Stoxx 600" index fell by 1.2 percent, with most sectors and major exchanges declining.
Key points
- The French "CAC 40" index dropped 0.98 percent to 7769 points.
- The German "DAX" index retreated 1.64 percent to 22581 points.
- The British "FTSE 100" index fell 1.33 percent to 9972 points.
- The education and technology sectors led the losses, declining by 3.4 percent and 2.3 percent, respectively.
Why it matters
The decline in major European indices reflects continued investor caution driven by unresolved geopolitical tensions in the Middle East.
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