European stock indices opened lower as previously advancing consumer stocks gave back some gains. Technology stocks remain weak, with the Stoxx 600 Index down 0.7%. STMicroelectronics shares plunged over 15% after its earnings release, dragging down French and Italian indices. The Italian FTSE MIB Index fell 1.4%, the French CAC 40 Index dropped 0.9%, and luxury stocks continued their recent decline, with LVMH down 1.9%. The German DAX Index dropped 0.8%, and chipmaker Infineon shares fell 5.6%

European stock indices opened lower as previously rising consumer stocks gave back some gains. Technology stocks continued to be weak, with the STOXX 600 Index down 0.7%. Shares of STMicroelectronics plunged over 15% after its earnings report, dragging down French and Italian stock indices. The Italian FTSE MIB Index fell 1.4%, the French CAC 40 Index declined 0.9%, and luxury stocks continued their recent downward trend, with LVMH down 1.9%. The German DAX Index dropped 0.8%, with chipmaker Infineon shares down 5.6%. The UK FTSE 100 Index fell 0.4% as pharmaceutical stocks weakened; GlaxoSmithKline dropped 2.3% and AstraZeneca down 1.8%. Artificial intelligence-related stocks dragged the Dutch AEX Index down 0.8%. BE Semiconductor shares declined 3.1% after its earnings release.