European Shares End Four‑Week Rally Amid Tech Sell‑Off and US‑Iran Tensions
Published by WarSignal Editorial · Last updated
European stock indices fell on Thursday, ending a four‑week winning streak as investors reacted to a sharp pullback in technology stocks and escalating tensions between the United States and Iran.
The benchmark Euro Stoxx 50 slipped 0.6%, while the German DAX dropped 0.5% and the French CAC 40 fell 0.4%. The decline was driven by a 5% slide in the technology sector, which had been a key contributor to the recent rally.
The market reaction came as the United States and Iran have been engaged in a standoff, with the United States threatening further sanctions and Iran responding with counter‑measures, heightening uncertainty for global investors.
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