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Brussels, February 23 (QNA) – European stock indexes began the week lower, weighed down by the global tariff policy announced recently by US President Donald Trump.
The European Stoxx 600 index fell 0.3 percent at the start of trading to 628.54 points.
Most sectors declined, with the technology sector leading the losses with a 1.3 percent drop, while the banking sector was among the biggest gainers.
The UK’s FTSE index fell 0.2 percent to 10,665.83 points, and the German DAX index dropped 0.7 percent to 25,083.56 points.
The French CAC 40 index also declined 0.2 percent to 8,492.92 points in early trading.
European markets had ended last week higher after the US Supreme Court struck down a large portion of the tariffs imposed by Trump, but the US president later announced his intention to impose a new global tariff of 15 percent instead of 10 percent. (QNA)