European Markets Slide on Rising Rate‑Cut Doubts, Tech Valuation Concerns

European stocks tumbled on Monday as investors grew wary over stretched valuations in the tech sector and dimming prospects for a near‑term rate cut by the Federal Reserve. The pan‑European STOXX 600 index fell about 1.3 % to its lowest level since early November, while Germany’s DAX and France’s CAC 40 also shed roughly 1.3 % each. Tech‑and‑AI linked names were among the hardest hit. Stocks such as Siemens Energy, Schneider Electric and ABB dropped off after investor enthusiasm cooled on their growth outlooks. Meanwhile, banking and mining sectors also weighed heavily on the markets amid the risk‑off mood. Investors’ sentiment was further dampened by the anticipation of major upcoming events: the earnings report from Nvidia — widely viewed as a bellwether for the tech rally — and the release of U.S. jobs data. With the Fed signalling fewer hints of imminent rate easing, market participants are increasingly tilting toward caution rather than a year‑end surge. #EuropeanMarkets #TechSellOff #InterestRates #GlobalStocks #SlimScan #GrowthStocks #CANSLIM