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Global Economy
Europe Markets Hesitant Amid Middle East Tensions and Nvidia Results Watch
European stock markets opened cautiously on Monday, reflecting investor caution amid geopolitical tensions in the Middle East and upcoming Nvidia earnings. The Stoxx 600 and FTSE London showed modest movements, while oil prices rose 5% following ongoing Middle East instability. Escalating U.S.-Iran tensions and diplomatic efforts involving Pakistan and Oman add further uncertainty. Analysts note mixed signals for tech giants like Nvidia, whose recent strong performance may not translate to continued stock gains.