European stocks slip ahead of Fed meeting amid expanding Gulf conflict

European stocks are slipping as investors await the upcoming Fed meeting while concerns grow over the expanding Gulf conflict. Simultaneously, Dow, S&P 500, and Nasdaq futures are retreating. This market downturn is driven by anticipation of the Fed meeting and emerging fears regarding AI safety. Both European and US markets are experiencing downward pressure due to these combined geopolitical tensions, monetary policy expectations, and specific technological risks affecting investor sentiment across global financial hubs.