European Shares Dip as HSBC Results Weight on Banks

European shares slipped on Tuesday as a drop in banking stocks following HSBC results weighed on markets. Investors turned cautious ahead of upcoming US tech earnings and central bank policy meetings.

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The German share price index DAX graph is pictured at the stock exchange in Frankfurt, Germany, October 26, 2026. REUTERS/Staff

European shares slipped 0.2% on Tuesday as banking stocks dropped 1.3%, driven by a 7% fall in HSBC HOLDINGS PLC-SPONS ADR. The decline came as investors braced for major US tech earnings and central bank decisions.