European Stocks Hit Two-Week Low as Gulf Conflict Deepens; Energy and Defense Outperform in Risk-Off Rout

European equities fell to a two-week low on Monday as escalating hostilities in the Middle East triggered a broad-based retreat from risk assets, with investors repricing geopolitical and energy risk across sectors. The pan-European STOXX 600 declined 1.5% to 623.98 points by early trade, its lowest level since mid-February and on track for its steepest

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