European shares flat as AI caution prevails; focus on defence stocks
European shares remained flat as elevated AI stock valuations prompted caution. Technology stocks led declines, tracking a glum mood in global markets. Defence sector stocks saw marginal gains, with a NATO summit anticipated for new contracts. Sweden's Saab jumped after a brokerage upgrade, while Shell raised its outlook. Investors watched the NATO summit for potential new defence spending announcements.
What's Your Reaction?
Like
0
Dislike
0
Love
0
Funny
0
Wow
0
Sad
0
Angry
0
Comments (0)