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The Economic Times

Business

European shares snap 4-week rally as higher oil prices temper strong earnings

Europe Euro Oil United States

European shares finished lower on Friday and snapped a four-week winning streak, as rising crude prices and renewed geopolitical tensions offset support from a resilient earnings season.

The STOXX 600 ‌ended 0.2% lower ⁠at 657.86 ⁠and logged a 0.3% drop on a weekly basis.

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