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Middle East crisis causes European stocks to decline
Escalating tensions in the Middle East led to a decline in European stocks, with the STOXX 600 index falling by 0.3% to reach 639.29 points after previous week's losses. Oil prices rose by more than 4%, supporting the energy sector, which gained 1.6%. The technology sector faced pressure, slipping by 1.2% following losses in Asia, despite SK Hynix's stock soaring by 12.8% after its listing on the NASDAQ.
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