European Stocks Decline as Qatar Crisis Jolts Energy Sector

European Stocks Move Lower on Reduced Volume

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European stocks fell, with shares in energy companies extending Friday’s loss after Saudi Arabia and three other Arab countries cut off most diplomatic and economic ties to gas-rich Qatar.

The Stoxx Europe 600 Index slid 0.1 percent at the close, halting a two-session gain. Markets are closed for a public holiday in a number of European countries including Germany, Switzerland, Norway, Denmark, Austria, Greece and Ireland.