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The Economic Times
The Economic Times

Global markets: Europe's STOXX 600 hits two-week low on Mideast escalation, AI jitters

Europe Intesa Sanpaolo Intesa Monte dei Paschi di Siena Asia Iran Israel

Europe's STOXX 600 share index slid to a two-week low on Monday, weighed by escalating tensions in the Middle East and a global selloff in AI stocks, while Italian lender ‌Monte dei Paschi ⁠di ⁠Siena jumped after a takeover bid from rival Intesa Sanpaolo.

The pan-European STOXX 600 index fell 0.9% to 616.04 points by 0812 GMT, with all major regional indexes also in the red.

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