European stocks fell for the fourth straight session at the start of trading today, with investors awaiting economic data from the euro zone, as well as jobs data in the United States, for indications on the path of US interest rate cuts. The pan-European STOXX 600 index fell 0.1 percent, while the mining sector lost 0.8 percent after prices of most industrial metals fell amid expectations of weak demand following recent weak economic data globally, including China. However, property stocks were the biggest gainers, up 0.5 percent. German industrial orders rose 2.9 percent in July from the previous month on a seasonally adjusted basis, while Associated British Foods fell 3.5 percent to a five-month low. Lanxess gained 3.4 percent after Morgan Stanley upgraded the chemicals company. Source: Oman News Agency
European Stocks Fall for Fourth Straight Session
European Stocks Fall for Fourth Straight Session
RECENT POST
Oman Nature Reserve Threatened by Oil Spill
August 6, 2026
Iran and Oman Close to Deal on Hormuz Without US Involvement
August 6, 2026
Gold Rises 0.1% on Softer Dollar, Focus on US Jobs Data
August 5, 2026
Dollar Near 6-Week Low, Yen Steadies
August 5, 2026
Oman Oil Price Drops by USD 4.35
August 5, 2026