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European stocks fall further as Trump extends Iran strike hiatus and G7 ministers meet
The sell-off in European stocks continued on Friday after U.S. President Donald Trump extended the ongoing hiatus of attacks on Iran's energy infrastructure.
The pan-European Stoxx 600 dropped 0.8% shortly after 1:45 p.m. London time (9:45 a.m. E.T). The FTSE 100 was last seen trading 0.2% lower, while France's CAC 40 fell 0.6%. Germany's DAX was last seen down 1.2%.Â
European bourses resumed their declines from the previous session, having closed lower on Thursday as investors struggled to decipher mixed messages on the status of Middle East peace talks.
On Thursday evening, President Trump said he would extend a hiatus on attacks on Iran's energy facilities by 10 days to April 6, to allow more time for negotiations.
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