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The Economic Times
The Economic Times
Anupam Nagar

Global Market: European shares little changed as bond yields rise and gulf tensions lift oil

European shares were little changed on Friday and remained on course for a second straight weekly decline as renewed pressure in global bond markets weighed on sentiment, while rising oil prices fueled inflation concerns, Reuters reported.

The pan-European STOXX 600 was up 0.06% at 650.79 points as of 0705 GMT. The index was still headed for a weekly loss as investors assessed higher borrowing costs and persistent geopolitical risks.

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