European markets stayed largely flat as investors geared up for pivotal central bank meetings. Oil prices edged higher, mirroring frustration over stalled US-Iran diplomacy. Losses in technology and consumer staples weighed on the pan-European index, while Germany’s DAX and Spain’s IBEX 35 managed small gains ahead of rate decisions.
European equities posted steep weekly losses as investors weighed Middle East conflict fears that could disrupt energy supplies, fueling both inflation and slower growth. The STOXX 600 fell to a two-week low, ending a four-week winning run. Most regional markets declined, while technology rose on strength from SAP. Healthcare and financials lagged, reflecting broad caution.
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