The pan-European STOXX 600 was down 0.5% by 0812 GMT, extending its declines following a near 1% drop on Friday when data showed U.S. job growth unexpectedly accelerated in December while the unemployment rate fell to 4.1%.
Technology stocks followed their Wall Street peers lower with a 1.6% decline, while heavyweight health care shed 0.9%.
Heavyweight energy stocks, however, advanced 0.9% as crude oil prices gained more than 1%.
European government bond yields remained elevated, in line with U.S. Treasuries. The yield on the 10-year bund hovered near its highest in over six months.
Later in the week, inflation figures across the continent including from the UK and Germany would be in focus, along with a U.S. consumer prices report. Entain jumped 8.8% after the British gambling group said it expects core profit for 2024 to be at the top end of its forecast range.
Germany is heading for an election on Feb. 23, and officials and disinformation experts have flagged several coordinated efforts to influence the vote throug
The European Union (EU) is scaling back its tech regulations to push investment in artificial intelligence (AI), according to European Commission's digital po
With both Vice President J.D. Vance and U.S. Defense Secretary Pete Hegseth making loud noises Friday about Europe stepping up to the plate in spending more on
This week we tracked more than 70 tech funding deals worth over €1.9 billion, and over 5 exits, M&A transactions, rumours, an