European Stocks Fall for 2nd Session
2025-11-14 08:36
By
Joana Taborda
1 min. read
The STOXX 50 slipped 0.7% and the STOXX 600 fell 0.9% on Friday, marking a second straight session of losses.
Markets broadly reflected a cautious mood as investors grew increasingly concerned about potential overvaluation in the AI sector and the risk of a bubble.
Adding to the pressure, monthly data from China indicated further economic slowdown.
Tech stocks were among the hardest hit, mirroring global weakness in the sector.
ASML Holding (-1.6%), SAP (-2.1%), Infineon Technologies (-2.5%), and Prosus (-3%) all recorded notable declines.
Other major losers included Airbus (-2.3%), Banco Santander (-1.8%), and Rheinmetall (-2.5%).
In contrast, Richemont shares jumped more than 7% after the company reported rising sales driven by strong demand in the US and China.
Allianz added 1.1% after posting record results in the first nine months of the year.
On the week, the STOXX 50 gained 3.1% and the STOXX 600 rose 1%, with both indices touching record highs earlier in the week.