German stocks tumbled on Monday amid lingering worries about geopolitical tensions, and concerns over possible rate hikes by the Federal Reserve following upbeat U.S. jobs data.
A sharp rise in oil prices, higher bond yields and weak factory orders data weighed as well on sentiment.
Brent crude futures climbed to over $98 a barrel before easing to $97.19, still up as much as 4.4% over previous close.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.