Stoxx 600, FTSE, DAX, CAC, Iran latest

LONDON — European stocks were falling again on Thursday as market participants monitored geopolitical developments in the Middle East.

Pan-European Stoxx 600 fell 0.4% shortly after the opening bell. of london FTSE100 Germany fell 0.3 percent DAX fell by roughly 0.6%, and France CAC 40 It was 0.5% lower. of spain mountain goat It fell 0.4 percent at the opening. All major sectors except Oil & Gas, Utilities, and Food & Beverage were in negative territory.

Spanish stocks will be watched closely today as Madrid is in trouble with US President Donald Trump over his refusal to allow US forces to use its bases for attacks on Iran. “Spain was in terrible shape,” Trump said Tuesday. “We will cut off all trade with Spain. We don’t want anything to do with Spain.”“

Spanish Prime Minister Pedro Sánchez called the Middle East crisis a “catastrophe” on Wednesday.

The global market’s attention is focused on the US and Israel’s war against Iran, with attacks intensifying in the last 24 hours.

Israel launched a new round of attacks on Tehran on Wednesday, with the country’s defense minister vowing to “crush” the Iranian regime’s capabilities. Meanwhile, the USA announced that it destroyed 17 Iranian ships and nearly 2,000 targets.

In Iran, senior clerics responsible for choosing the next religious leader are reportedly considering appointing Mujtaba Khamenei, the son of the late Ayatollah Ali Khamenei, to this post.

The U.S. and Israel’s end game when it comes to “Operation Epic Rage” remains unclear, and experts told CNBC they could be stalemated in the war if the Iranian regime proves more resilient than expected.

Earnings are coming Merck, DHL Group, Reckitt Benckiser, Galderma Group and Universal Music Group, the data includes the latest EU retail sales figures.