European and Japanese stocks fall after gains
European and Japanese stocks declined today following a recent rally, amid the impact of rising oil prices and global bond yields. The Euro Stoxx 600 index fell by 1.1% to reach 630.22 points, with technology and mining stocks retreating, driven by oil increases of over 1% due to potential tensions in the oil market, such as Houthi attacks in Yemen and disruptions in US oil production. In Japan, the Nikkei index dropped 0.92% to 70,035.71 points, affected by declines in AI stocks and profit-taking after a strong upward wave. The market anticipates continued pressure on investors through 2027 due to rising oil prices and bond yields, while concerns about France’s financial situation persist ahead of the presidential elections.
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