European Stocks Open Lower Friday as Geopolitical Conflict and Economic Outlook Weigh
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European stocks opened lower on Friday, with the UK FTSE 100 down 0.68%, the French CAC 40 down 1.14%, the German DAX 30 down 1.01%, and the Italian FTSE MIB down 0.84%. This decline follows a 0.7% drop in the Stoxx Europe 600 index, as investors assess the impact of the Middle East conflict on global economic growth. UK GDP data showed zero growth, raising concerns about European recovery. Rising energy prices have also pressured German bonds, while expectations for ECB rate hikes have increased amid ongoing market volatility.
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