Market Performance - European stock markets experienced a decline, with the Italian FTSE MIB index, Spanish IBEX 35 index, and UK FTSE 100 index each falling by 1% during the day [1] - The German DAX 30 index decreased by 0.81%, while the French CAC 40 index dropped by 0.86% [1] Political Developments - French President Macron declined to join the Gaza Peace Commission, leading to a response from former President Trump, who threatened to impose a 200% tariff on French wine and champagne [1]