European Stock markets fall again on fourth day of Middle East conflict

European stock markets opened lower again on the fourth day of the conflict in the Middle East, following the attacks by the United States and Israel that began on February 28.

Paris’s CAC 40 fell by 2.32%, while Milan’s FTSE MIB posted a sharper decline of 3.66%, making it one of the worst performers of the day. London’s FTSE 100 also closed down 2.19%. In Germany, the DAX dropped 3.05%, highlighting significant pressure on industrial stocks, while Spain’s IBEX 35 recorded a 3.54% loss.

Finally, the pan-European STOXX Europe 600 index lost 2.66%, confirming a widespread sell-off across the continent’s markets.

The situation does not appear to leave room for improvement. U.S. President Donald Trump, on the fourth day of the conflict, stated that it could take at least three to four weeks before a conclusion is reached.

Nevertheless, the bombings could continue beyond the expected timeframe, negatively impacting European markets.

Benedetta Zimone