STOXX 600 Falls as Middle East War and ECB Decision Weigh
European shares fell 1.3 percent on Thursday as Middle East tensions rose. Markets are awaiting rate decisions from the ECB and Bank of England later today.
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European markets experienced a sharp decline on Thursday as escalating conflict in the Middle East rattled global investors and shifted attention toward upcoming central bank decisions. The pan-European STOXX 600 index dropped 1.3% to 590.43 points during early trading, with the industrial sector emerging as the primary weight on the benchmark. Risk appetite was severely limited following reports that Iran blamed Israel for an attack on its South Pars gas field facilities, a development that sent shockwaves through international markets.
