[Europe Open] Decline Amid US-Iran Conflict... Euro Stoxx Down 0.67%

[Asia Economy Reporter Cha Min-young] On the 3rd (local time), major European stock markets started the session with gains but suddenly reversed to decline as tensions between the US and Iran escalated.

As of 5:18 PM Korean time, the pan-European Euro Stoxx 50 index stood at 3,767.70, down 0.67% from the previous trading day. The index, which opened higher, gave up all early gains and entered a downward phase as tensions between the US and Iran intensified in the early session.

The negative impact is also reflected in national stock indices. At the same time, France's CAC 40 index was trading at 6,008.01, down 0.55% from the previous close. Germany's DAX index fell 0.82% to 13,275.74, and the UK's FTSE 100 index was down 0.42% at 7,572.40.

Geopolitical tensions in the Middle East escalated after the US airstrike in Iraq killed Qassem Soleimani, the commander of the Quds Force of the Iranian Revolutionary Guard Corps and a key figure in Iran's military leadership.

This content was produced with the assistance of AI translation services.