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Global markets: Europe's STOXX 600 hits two-week low on Mideast escalation, AI jitters

European shares hit a two-week low as Middle East tensions and a global AI stock selloff weighed on the market. Crude oil prices surged over 4% following weekend exchanges between Israel and Iran, impacting energy-sensitive airlines. Tech stocks also declined, mirroring U.S. and Asian trends, while Monte dei Paschi di Siena surged on a takeover bid from Intesa Sanpaolo.

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Economic TimesLean R·2h ago
Global markets: Europe's STOXX 600 hits two-week low on Mideast escalation, AI jitters
European shares hit a two-week low as Middle East tensions and a global AI stock selloff weighed on the market. Crude oil prices surged over 4% following weekend exchanges between Israel and Iran, impacting energy-sensitive airlines. Tech stocks also declined, mirroring U.S. and Asian trends, while Monte dei Paschi di Siena surged on a takeover bid from Intesa Sanpaolo.
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Global markets: Europe's STOXX 600 hits two-week low on Mideast escalation, AI jitters

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