European stock markets extended their losses on Friday, suffering the longest losing streak since October 2023, as tech outage triggered by issues with Microsoft’s Azure cloud service disrupted banks, airlines, and various other sectors across the globe. By 11.45 a.m. CET, the Euro STOXX 50 index had fallen 0.5%, and the Euro STOXX 600 index was down 0.6%, marking the fifth straight session of losses for European stocks. All major country indices were in negative territory, with the German DAX down 0.8%, the Italian FTSE Mib down 0.7%, the French CAC 40 down 0.7%, and the Spanish Ibex 35 down …