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Global Market: European shares edge lower as earnings, M&A activity offset by Middle East tensions
Jul 16, 2026
The Economic Times

Global Market: European shares edge lower as earnings, M&A activity offset by Middle East tensions

European shares traded slightly lower on Thursday as investors weighed corporate earnings and merger news. The STOXX 600 index slipped 0.1% to 641.95 by 0712 GMT. Mounting tensions in the Middle East kept energy inflation concerns in focus, while technology stocks showed mixed performance as markets remained cautious throughout the day.