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2024

European stocks slip, global IT outage causes chaos

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European shares declined due to global uncertainty, including Sino-U.S. tensions, Japanese forex intervention, tech sell-off, and U.S. airlines' communication issues. Asian markets, dollar, oil, gold prices, ECB decision, Chinese data, real estate index, British retail sales, Tokyo intervention, and strong U.S. data affected sentiment. Experts Matt Simpson and Vishnu Varathan provided analysis.