European Stock Markets Fall as Investors Reevaluate High Tech Valuations -- Market Talk

Dow Jones11-04

0912 GMT - European indexes fall in early trade, lead by technology stocks as investors reevaluate their high valuations. Germany's DAX was the biggest faller, down 1.4%, followed by France's CAC 40, down 1.2%. London's FTSE 100 index loses 0.8%, while the STOXX 600 index drops 1.1%. On Monday, Palantir Technologies shares fell despite the company reporting record earnings as investors fretted over its valuation after a record rally on the stock. European chip stocks fall, lead by STMicroelectroics which is nearly 3% lower. BE Semiconductor shares fall 2.2%, while ASML is down 1.5%. At the opposite end of the scale, Philips shares rise 1.8% after the Dutch health-technology company said it expects full-year profit at the top end of guidance. (ian.walker@wsj.com.)

 

(END) Dow Jones Newswires

November 04, 2025 04:12 ET (09:12 GMT)

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