European stock indexes are falling, and tensions in the Middle East are expected to continue.
European stock indices fell during the opening trading session, as President Trump said the ceasefire agreement with Iran is at risk and the stalemate in the Middle East is expected to continue. The Europe Stoxx 600 index, which covers the entire Europe, dropped by 1%, after closing higher in the previous trading session. All sectors fell, with the financial sector leading the decline with a decrease of 1.5%. The stock price of the UK testing company Intertek was the top gainer, rising by 4.8%, after Swedish private equity group EQT raised its takeover offer. Bayer's stock price also rose, following the company's report of increased earnings. The London FTSE 100 index fell by 1%, while the German DAX index and the French CAC index dropped by 1.1% and 0.8% respectively.
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