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30.10.202608:44:30UTC+00European Stocks Fall as Tech Weighs

European stocks traded lower on Friday, with the STOXX 50 down 0.7% and the STOXX 600 slipping 0.2%. The region’s technology sector was swept up in a global sell-off after disappointing earnings from Amazon and Intel reignited concerns about the durability of the AI-driven rally. ASML Holding dropped about 5%, Infineon fell 4%, and STMicroelectronics declined 3.8%. Investors also closely monitored corporate earnings across the continent. AstraZeneca rose 2.8% after reporting results that beat expectations.

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