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flag European stocks dropped as oil and commodity prices fell, amid easing tensions and Fed speculation.

flag European stocks fell on Monday as commodity prices plunged, dragging down mining and energy shares, with the STOXX 600 dropping 0.4%. flag Gold, silver, and oil declined amid U.S.-Iran tensions easing and speculation over a hawkish Fed chair nomination. flag Investor concerns grew after Nvidia’s OpenAI investment stalled, fueling risk aversion. flag Defensive sectors like food and beverage rose slightly, while corporate results showed mixed performance, including a profit drop at Julius Baer and gains at Sanofi. flag U.S. stocks ended lower Friday, and Asian markets were mostly weaker, with China’s manufacturing PMI contracting.

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