European markets tumbled for a second week as Middle East tensions and inflation fears rattled investors. Industrial and mining stocks led the decline, with energy prices climbing amid concerns over the Strait of Hormuz. Analysts suggest the conflict’s impact on inflation and interest rates might be less severe than feared, but market sentiment remains cautious.
US stocks today: US stocks end lower as Iran tensions dampen risk appetite; chipmakers drop
Tech stocks dragged Wall Street lower as escalating US Iran tensions and a renewed blockade lifted oil prices and dented risk appetite. Nasdaq led losses