The decline in European stocks expanded to 1%, with the French CAC40 index and the European Stoxx 50 index both falling by more than 1%, the German DAX index falling by 0.88%, and the Spanish IBEX35 index falling by 0.85%.

The Tel Aviv stock index opened 1.0% higher after the Bank of Israel said it would provide $15 billion in liquidity to the market and sell $30 billion in foreign exchange.

Goldman Sachs strategist Kostin: He believes that U.S. corporate profit margins will bottom out in 2023.

The European Junk Bond Risk Index opened more than 8 basis points higher.

Total Energy Europe shares rose 1.8% as oil prices rose due to the conflict between Israel and Hamas.

Turkish defense contractor ASELSAN opened 1.7% higher.

Turkish Airlines shares opened down 2.5%.

The Istanbul Borsa 100 index opened down 1.9%.

Gazprom: It will continue to deliver natural gas to Europe through Ukraine, with a delivery volume of 40.1 million cubic meters on Monday.

ECB Governing Council Member Cassax: When the inflation outlook is below 2% for a long period of time, interest rates can be cut.

ECB Governing Council Member Cassax: The period of rapid interest rate rise is over.

ECB Governing Council Member Cassax: For now we can still count on the possibility of a pause in interest rate hikes.

ECB Governing Council member Casacos: Any future interest rate hikes will be relatively small.

The main contract of low-sulfur fuel oil (LU) fell by more than 7% and is now trading at 4,500 yuan/ton. The main contract of paraxylene (PX) fell by more than 5% and is now quoted at 8,620 yuan/ton.

The U.S. National Hurricane Center: Tropical Storm Max conditions are expected to develop along the coast of Mexico at dawn local time.

National Hurricane Center: Lidia is expected to develop into a hurricane later today, increasing the risk of strong winds, rainfall, storm surge and large waves along the western and central coast of Mexico.

The Israeli new shekel had fallen sharply against the U.S. dollar, and the central bank said it would intervene. The decline now narrowed to 0.6%, at 3.86.