The STOXX 50 and STOXX 600 hovered near the flatline on Thursday, ending a seven-session winning streak that had pushed the former to 2000 highs and the latter to record levels.
STOXX pauses as tech and Puma shares fall
Traders paused to assess developments in U.S. policy under President Trump. Technology stocks led the declines following a rally in the prior session, driven by Trump’s announcement of a $500 billion AI infrastructure investment in the U.S. Attention also turned to the World Economic Forum in Davos, where Trump was set to address participants via video call.
ASML and Puma shares fall after earnings disappointments
On the corporate front, ASML Holding dropped 3.4%, ranking among the biggest decliners, while Puma shares plunged 14% after reporting disappointing earnings.
