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European shares nudge lower as earnings and ECB rate decision loom
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European stocks fell slightly ahead of the ECB meeting and after tech-capex warnings, highlighting narrow market breadth and cautious sentiment.
European equities edged lower, with the STOXX 600 down about 0.2% amid investor concern over capital expenditure plans flagged by major U.S. tech firms.™ Markets also awaited the European Central Bank’s decision, expected to hold rates for the third consecutive meeting.™ The tech sector rose slightly, while media stocks fell, reflecting mixed sector sentiment.™ Meanwhile, trade-talks developments, including a U.S.–China tariff agreement, added to macro uncertainty.™ Analysts noted that narrow leadership and weak market breadth underline ongoing caution in risk assets.