European Markets Slip As Tech Sell-off, Weak PMI Data Weigh

European stocks fell as investors grew wary of elevated tech valuations and rising skepticism around AI-related spending. Sentiment was also pressured by fears that the Federal Reserve and some other central banks may raise interest rates further, reinforcing a risk-off tone across markets.

Analysis

European stocks fell as investors grew wary of elevated tech valuations and rising skepticism around AI-related spending. Sentiment was also pressured by fears that the Federal Reserve and some other central banks may raise interest rates further, reinforcing a risk-off tone across markets.