European shares slip as tech rout offsets earnings

European shares edged lower as a global selloff in artificial intelligence and technology stocks dampened investor sentiment. Upbeat corporate earnings reports helped cushion the broader market losses during trading.

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The chart of the German share price index DAX (Deutscher Aktienindex) at the stock exchange in Frankfurt, Germany, October 12, 2026. REUTERS/Staff

European shares slipped during Thursday morning trade as a global rout in AI-related equities offset upbeat corporate earnings. The pan-European STOXX 600 index fell 0.16% to 636.73 points.

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