European stock markets are mixed due to the decline in shares of technology and artificial intelligence companies.
Sharp declines in technology stocks stand out due to concerns that the effects of increasing chip costs may be reflected in the industry in general.
Concerns about whether the positive effects of technology companies’ artificial intelligence expenditures will be seen in the near term have caused the risk appetite in global markets to decrease again.
All eyes in the markets are on the non-farm employment data to be announced in the USA today.
The non-farm employment data to be announced today in the USA is expected to provide clear information about the course of the economy. Analysts state that the healthy course of employment will indicate the strength of economic activity in the USA, and that this situation may lead to volatility in interest rate expectations for the Fed.
On the other hand, ECB President Christine Lagarde, who made important evaluations on the economy, artificial intelligence and inflation at the “Policy Panel” held on the closing day of the 2026 ECB Central Banking Forum yesterday, stated that the risks in the global economy are now “much more broadly balanced” compared to a few weeks ago and said, “We are not in a stagflation environment and we will definitely not let the inflation genie out of the bottle.” he said.
Responding to criticism that the ECB is the only bank among other major central banks to increase interest rates recently, Lagarde stated that they have a “perfect monetary policy outlook” for an interest rate increase.
Lagarde said that this move was an inevitable decision taken unanimously in the governing council, in an environment where inflation indicators clearly point upward.
With these developments, as of 10.30 in the European markets, the Stoxx Europe 600 indicator index is at 639 points, with a 0.1 percent decrease, and the FTSE 100 index in the UK is at 10,468 points, 0.1 percent below the previous closing.
In Germany, the DAX 40 index is at 25,026 points with a flat trend, in Italy the FTSE MIB 30 index is at 51,638 points with a 0.1 percent gain, in France the CAC 40 index is at 8,369 points with a 0.4 percent gain in value, and in Spain the IBEX 35 index is at 19,419 points with a 0.1 percent increase.
Analysts stated that today, in addition to non-agricultural employment in the USA, factory orders, durable goods orders and the unemployment rate in the Eurozone will be followed.
