European stocks fall amid tech earnings anticipation

European stocks declined at the start of trading, influenced by losses in the technology sector ahead of the earnings reports from Alphabet and Tesla, with the Stoxx 600 index dropping by 0.3%. Investors are monitoring the performance of tech companies to gauge whether the recent rally driven by artificial intelligence will continue, despite the sector's shares falling by 1.7%. Conversely, oil prices rose amid escalating tensions in the Middle East, supporting the European energy sector by 0.4%. On the corporate front, the Finnish company Hyap's stock surged by more than 10%, while the Spanish company's stock, Santander, fell by 1.3% despite a 50% increase in its quarterly profits.

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