European Equities Stable Amid Tech Decline; Oil Prices Drop on Iran De-escalation
European stock markets saw muted activity, with a significant drop in ASML shares impacting the technology sector, though retail and media companies saw gains. Brent crude futures fell 7.4% to $90 per barrel after the U.S. paused strikes against Iran and Iran signaled no retaliation, increasing prospects for a lasting deal. This suggests a potential easing of geopolitical tensions affecting energy markets.
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