Børsfall i Europa
Europeiske børser slipper billigere unna.
Over the weekend, U.S. stocks suffered their worst day of the year, with European stock markets also experiencing significant losses on Friday. The European-wide index, Stoxx Europe 600, fell slightly below 1% by around 10 a.m. This week, the technology-focused Stoxx Europe 600 Technology index has fallen by around 5%. The drop in major European exchanges can partly be attributed to fears of reduced data center development.
Data center development was a crucial campaign issue in several U.S. states where multiple candidates ran for office to limit expansion. Some administrators have pointed out that concerns over AI investments since the summer have caused a market rotation, with investors moving funds away from tech and into safer sectors. The mix of stable industrial companies, banks, defensive blue chips, and commodity producers is seen as attractive, according to Bloomberg.
Europe is considered a safe place to invest in turbulent times, said Euronext CEO Stéphane Boujnah in an interview with Bloomberg TV. Europe is a very secure place when it comes to the relationship between returns and risk, he added. On Thursday, Wall Street saw the year's worst day so far, with AI and technology companies hit the hardest, including Nvidia, AMD, Micron, Tesla, and SpaceX.
Written by urgent.news from E24 Norway's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
