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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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iol.co.za
Oil slips as Mideast tensions persist and AI sector jitters rattle markets
Global markets traded cautiously as renewed conflict in the Middle East and weakness in technology shares dampened sentiment.
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swissinfo.ch
Stocks, Bonds Fall as Mideast Strikes Lift Oil: Markets Wrap
(Bloomberg) -- Stocks and bonds dropped as investors grappled with rising oil prices, mounting bets on US interest rate hikes and a pullback in the artificial-intelligence trade.
