European Indexes Drop as Middle East Tensions Look Set to Continue -- Market Talk

Dow Jones05-12

0725 GMT - European indexes fell in opening trade as the impasse in the Middle East looks set to continue after President Trump said the cease-fire with Iran was on life support. The Europe-wide Stoxx 600 index was down 1% after closing higher in the previous session. All sectors are down with financials leading the falls--down 1.5%. U.K. testing specialist Intertek's shares are leading the risers--up 4.8%--after Swedish buyout group EQT sweetened its takeover bid. Bayer shares are also up after reporting higher earnings. London's FTSE 100-index was down 1%, while Germany's DAX and France's CAC were down 1.1% and 0.8%, respectively. (ian.walker@wsj.com)

(END) Dow Jones Newswires

May 12, 2026 03:25 ET (07:25 GMT)

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