European Stocks Decline as Broad Risk-Off Mood Grips Markets

European shares reversed course to post declines, tracking a slide in US peers amid broader worries around disruption from artificial intelligence.

The Stoxx Europe 600 Index fell 0.5% by the close, after earlier hitting a record high. The S&P 500 slid 1%, while the 10-year Treasury yield retreated. The Nasdaq 100 tumbled 1.5%, dragged down by technology heavyweights. Bitcoin, gold and oil prices also declined.