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DAX Drops as Middle East Fears and Weak China Data Weigh on European Stocks

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The Story

News Summary

  • European equities closed lower Monday, dragged down by Middle East tensions, surging crude oil prices, and weak Chinese economic data.
  • Germany's DAX dropped 0.38%, with major automotive and industrial heavyweights like BMW, Mercedes-Benz, and BASF suffering notable declines.
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