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The Economic Times
The Economic Times
Anupam Nagar

Global Market: European shares steady, set for weekly loss as oil surge, earnings keep investors cautious

Oil United States SAP Neste Corporate Earnings Germany Middle East

European shares were little changed on Friday and remained on course to end the week in negative territory as investors weighed the impact of surging oil prices driven by escalating Middle East tensions alongside the latest batch of corporate earnings, according to Reuters.

The pan-European STOXX 600 index was broadly flat at 639.36 points by 0705 GMT, reflecting a cautious mood across regional markets.

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