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European stocks dropped as oil and commodity prices fell, amid easing tensions and Fed speculation.
European stocks fell on Monday as commodity prices plunged, dragging down mining and energy shares, with the STOXX 600 dropping 0.4%.
Gold, silver, and oil declined amid U.S.-Iran tensions easing and speculation over a hawkish Fed chair nomination.
Investor concerns grew after Nvidia’s OpenAI investment stalled, fueling risk aversion.
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.
U.S. stocks ended lower Friday, and Asian markets were mostly weaker, with China’s manufacturing PMI contracting.
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Las acciones europeas cayeron a medida que cayeron los precios del petróleo y las materias primas, en medio de la disminución de las tensiones y la especulación de la Fed.