European Markets Dipped Amid Mideast Tensions and AI Concerns

European stocks fell to a two-week low as escalating tensions in the Middle East and a widespread selloff in artificial intelligence shares took their toll. Crude oil prices climbed more than 4% after the latest exchanges between Israel and Iran raised concerns, particularly affecting energy-dependent airline stocks.

Technology shares mirrored the downturn seen in both U.S. and Asian markets, reflecting broader anxiety in the sector. However, not all was bleak; Monte dei Paschi di Siena saw a significant boost due to a takeover proposal from Intesa Sanpaolo, highlighting a bright spot amid the market's struggles.