European shares decline as Stellantis results and tech sector worries weigh on markets

European shares fell today as a plunge in Stellantis shares and tech sector worries overshadowed bank gains. The STOXX 600 index declined on weak earnings.

Insights:
Stellantis N.V. booked approximately 22.2 billion euros in charges as it scales down its electric-vehicle development plans, a move that triggered an immediate trading halt and a 14.4% plunge in its shares on February 6, 2026. This significant financial adjustment materially affected investor sentiment across European equities and weighed heavily on the pan-European STOXX 600 index. The development has had a notable impact on markets within France FRFR, Italy ITIT, and the United States USUS.
The German share price index DAX graph is pictured at the stock exchange in Frankfurt, Germany, January 19, 2026. REUTERS/staff
The German share price index DAX graph is pictured at the stock exchange in Frankfurt, Germany, January 19, 2026. REUTERS/staff
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