Key facts
- European shares edged lower on Friday.
- The pan-European STOXX 600 index was down 0.2% by 0713 GMT.
- The index was set to log a 0.5% drop for the week.
- Mideast tensions and a pause in the tech stock rally are influencing the market.
- Investors are considering accelerating euro zone inflation and upcoming interest rate decisions from the European Central Bank and the U.S. Federal Reserve.
European shares edged lower on Friday, with the pan-European STOXX 600 index down 0.2% to 623.10 points by 0713 GMT. The index was on track to log a 0.5% drop for the week. Lingering tensions in the Middle East and a pause in the rally of technology stocks were cited as reasons for the market's performance. Investors are also considering the impact of accelerating euro zone inflation and upcoming interest rate decisions from the European Central Bank and the U.S. Federal Reserve.