24 Hrs
Source:
المشهد العربي
European stocks see sharp decline at close
European stock indices closed today with a clear decline due to a widespread sell-off in the technology sector, which fell by up to 3.4%. Meanwhile, shares in healthcare and food sectors rose by 2% and 1.8%, respectively. Investors are awaiting the European Central Bank's decision on whether to raise interest rates by 25 basis points later this year, despite the decline in oil prices since the signing of the memorandum of understanding between Washington and Tehran. The STOXX Europe 600 index decreased by 0.73%, and the German DAX index fell by 0.98%.
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