STOXX 600 heads for steepest weekly loss in a year
The STOXX 600 rose 0.2% on Friday but is down 4.6% this week as Middle East tensions hit markets. Defense gains were offset by lower healthcare shares.
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The STOXX 600 index recorded a marginal gain on Friday morning but remains on course for its most significant weekly decline in nearly twelve months. The pan-European benchmark rose 0.2% to 606.26 points, though it hovered near one-month lows as geopolitical tensions in the Middle East continued to weigh heavily on global investor sentiment.
