European Stocks Fall Ahead of Tech Earnings and Fed
European stocks fell as investors awaited U.S. tech earnings and the Federal Reserve meeting. Rising oil prices and AI growth concerns weighed on sentiment.
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European indexes fell Wednesday morning, with the STOXX 600 dropping 0.3% and London's FTSE 100 sliding 0.6% ahead of major technology earnings. Markets are tracking results from MICROSOFT CORP and ALPHABET INC-CL A following reports that OpenAI missed internal targets. Investors are questioning the durability of AI infrastructure spending as energy costs rise due to the Iran war.
