Europe Stocks Slip on AI Concerns

European equities dropped as tech stocks fell amid worries over AI valuations and escalating tensions in the Middle East. Brent crude prices rose while global markets braced for US midterm elections.

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The German share price index DAX graph is pictured at the stock exchange in Frankfurt, Germany, November 2, 2026. REUTERS/Staff

European equities fell 0.4% to 647.13 points Tuesday morning, driven by a 1.6% decline in technology shares amid growing concerns over artificial intelligence trade valuations. The drop followed a weak performance in Asian tech benchmarks and sliding sentiment across global markets.