European stocks show mixed weekly results
European markets closed the week with mixed results, with the Stoxx 600 declining by 0.36% to close at 660.25 points after four weeks of gains. The FTSE 100 dropped by 1.39% to 10,750.11 points, mainly due to losses in mining and pharmaceutical stocks. Meanwhile, the German DAX rose by 0.43% to reach 26,432.86 points, driven by strong performances in software stocks. The cautious tone reflected rising oil prices and increasing tensions with Iran, despite moderate US inflation data and solid earnings reports. In today's session, stocks closed with mixed performances as investors reduced risk ahead of the weekend, with the Stoxx 600 and FTSE 100 falling, while the DAX gained.
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