Global Economy
European Markets Set for Decline as Tech Rally Falters and US‑Iran Deal Uncertainty Lingers
European equity indices are poised to open lower on Friday, with the modest bounce in technology stocks unable to offset broader weakness. Gains in Apple and Microsoft provide only a thin cushion, while lingering doubts over the pending US‑Iran agreement keep sentiment bearish. Futures point to declines of roughly 0.7‑0.9% across the CAC 40, DAX, FTSE 100 and STOXX 600, signalling a cautious start to the trading day.
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Market Outlook for Friday, June 26, 2026
European equity indices are expected to open lower on Friday, with the tech rally losing steam. Gains in Apple and Microsoft shares are not enough to offset broader weakness, and renewed doubts over the pending US‑Iran agreement are adding to the bearish sentiment.
- CAC 40 (Paris): Futures point to an opening drop of about 0.74%.
- DAX (Frankfurt): Futures down 0.95%.
- FTSE 100 (London): Futures down 0.69%.
- STOXX 600 (Euro zone): Futures down 0.70%.
Key Drivers
The modest rise in Apple (NASDAQ:AAPL) and Microsoft (NASDAQ:MSFT) prices provides a small cushion for the tech segment, but investors remain cautious as the United States and Iran continue to negotiate. Any setback in those talks could further pressure risk‑off assets.
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