European stocks hit two-week low
The European Stoxx 600 index fell to its lowest level in two weeks due to increased tensions in the Middle East and the sell-off of tech stocks, as oil prices rose by more than 4% following exchanges of gunfire between Israel and Iran. Additionally, Italy's Monte dei Paschi di Siena bank experienced a sharp increase of 9.5% after receiving a takeover bid from Intesa Sanpaolo valued at €30.6 billion, while Intesa's shares declined by 3.2%.
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