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Europe stocks open mixed as investors weigh risk of wider Middle East conflict

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European stock markets opened in mixed territory on Monday, as traders assessed the risk of rising tensions in the Middle East.

The German Dax fell 0.18% at the open, while Italy's FTSE Mib ticked 0.09% lower. Spain's Ibex 35 was flat and France's Cac 40 rose 0.14%. U.K. markets are closed Monday for a national bank holiday.Brent crude rose 0.86% to $79.70 by 08:10 a.m. London time, while U.S. West Texas Intermediate crude was 0.88% higher at $75.49 a barrel.

LONDON — European stock markets opened in mixed territory on Monday, as traders digested rising tensions in the Middle East following strikes by both Israel and Hezbollah over the weekend.. Over the weekend, more than 100 Israeli fighter jets hit Lebanese targets, and Iran-backed Hezbollah fired more than 320 rockets into Israel.

Later in the week, euro zone inflation data is due to be released Friday and will be closely watched for hints as to whether to European Central Bank will cut rates further next month.Next week has historically been a bright spot ahead of a tough market period

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