Global stock markets followed a negative course yesterday, in reaction to the conflict in Iran, but a more significant decline was recorded only in Asia. In Europe, major stock exchanges recorded moderate declines, of 1-3%. London's FTSE 100 index was declining by 1.3% at 15:50 local time, Germany's DAX by 2.5% after 16:30 local time, France's CAC 40 by 2.2%, and Italy's FTSE MIB by 2.3%. STOXX Europe 600 was down 1.8% at the time. Companies related to the travel and tourism sector fell more

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