European stocks were subdued on Monday, even as technology shares gained after South Korea announced a $576 billion semiconductor and AI investment plan, backed by Samsung and SK Hynix, to strengthen its global chip leadership.
The pan European Stoxx 600 was marginally lower at 635.36 after falling 0.7 percent on Friday.
The German DAX was marginally higher, while France’s CAC 40 dropped 0.4 percent and the U.K.’s FTSE 100 slipped 0.2 percent as crude oil prices rose slightly on renewed U.S.-Iran tensions ahead of upcoming peace talks in Qatar.
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European Shares Subdued Amid Middle East Caution; Tech Shares Rally
2026-06-29 09:08:14
