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المشهد العربي
European stocks fall in early October
European stocks concluded the first session of October with a collective decline, as major indices recorded drops ranging from 1% to 1.68%. This performance was driven by a wave of global bond market sell-offs, with sovereign bond yields reaching levels not seen in decades. Growing inflation concerns were fueled by rising energy costs and geopolitical tensions, particularly between the United States and Iran. Thirty-year UK government bond yields hit their highest point since February 1998, around 6%. Meanwhile, European markets showed weakness in banking sectors and interest-sensitive stocks, despite ongoing support for the technology sector due to optimism about AI technologies.
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