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The Economic Times
The Economic Times
Anupam Nagar

Global Market: European shares fall as tech selloff, Middle East tensions weigh; Saab gains

Saab Europe Luxury United States ASML Burberry

European shares opened lower on Friday and were on track to post weekly losses as escalating tensions in the Middle East and a broad selloff in global technology stocks dampened investor sentiment.

The pan-European STOXX 600 index was down 0.6% at 639.94 points by 0707 GMT, with weakness across most major sectors.

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