The pan-European STOXX 600 index hovered at 638.95 points, reflecting a market caught between cooling optimism and rising geopolitical pressure. Heavyweights including Germany's Infineon and Dutch semiconductor giants ASML and ASMI led the slide, bowing to concerns over potential misuse of emerging technologies.
While tech shares stumbled, the energy sector provided a brief pocket of resilience. Oil prices climbed more than 2% as tensions in the Middle East rattled supply outlooks, offering little comfort to investors bracing for the U.S. Federal Reserve’s upcoming policy meeting. With expectations mounting for another interest rate hike, market participants remain sidelined, waiting for clarity on whether the central bank will maintain its aggressive stance against inflation.





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