Economic TimesLean R·
Global Market: European shares fall as tech selloff, Middle East tensions weigh; Saab gains
European shares opened lower on Friday, heading for weekly losses. Escalating Middle East tensions and a tech stock selloff dampened investor sentiment. Technology stocks led the declines, dropping significantly across global markets. Investors shifted focus toward lagging sectors like luxury goods, which saw gains. Geopolitical tensions remained a key concern, impacting the global economic outlook.
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