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The Economic Times
The Economic Times
Business
Anupam Nagar

Global Market: European shares decline as Middle East tensions weigh; airlines, autos lead losses

European shares fell on Wednesday as renewed tensions in the Middle East dampened investor sentiment, while technology stocks traded mixed as markets questioned whether the sector's recent artificial intelligence-driven rally could continue.

The pan-European STOXX 600 index was down 0.6% at 642.22 points in early trade, with investors turning cautious after geopolitical developments pushed oil prices higher, according to Reuters.

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