European Shares Fall as Oil Prices Rise

European equities declined for a second session as rising crude oil prices dampened investor sentiment. Market participants awaited upcoming corporate earnings reports from major technology firms.

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People walk under electronic screens displaying Japan's Nikkei share average, at a conference hall in Tokyo, Japan, August 19, 2026. REUTERS/Manami Yamada

European shares fell 0.6% on Tuesday as crude oil prices hovered near five-month highs and investors braced for quarterly results from major AI bellwethers. The decline follows a 1% drop on Monday, reflecting persistent caution across global equity markets. Investors are closely monitoring whether massive capital expenditures in artificial intelligence will yield expected returns.

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