European markets dropped on Monday, with tech stocks hit hard over China's AI advancements.

European markets opened lower on Monday, with tech stocks falling due to competition concerns from China's AI advancements. The STOXX 600 index dipped 0.7%, with the German DAX falling 1.3% and the French CAC 40 down 0.9%. ASML and Siemens Energy saw significant drops, while Ryanair and British American Tobacco gained. Investors are also looking ahead to the ECB and Fed interest-rate decisions this week.

January 27, 2025
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