FX.co ★ European Stocks Close Mixed

European equities ended Friday’s session mixed, wrapping up a volatile week as persistent weakness in the tech sector coincided with an increasingly uncertain macroeconomic backdrop. The Euro STOXX 50 slipped 0.3% to 6,267, while the STOXX Europe 600 finished broadly unchanged at 641.

AI‑linked names surrendered part of Thursday’s strong gains, with investors reassessing whether the recent speculative surge in AI infrastructure spending can deliver durable earnings growth. ASML fell 2.1%, Siemens Energy declined 2.6%, and Infineon lost 1.3%, despite solid order activity accompanying the US trading debut of SK Hynix.

In contrast, bank stocks advanced, supported by another robust session for Eurozone sovereign bonds as oil prices continued to reverse some of their earlier weekly gains. BBVA, Deutsche Bank, and UniCredit each rose by roughly 1.5%. From the record highs reached last Friday, the Euro STOXX 50 is now down 2.3% and the STOXX Europe 600 has fallen 1.8%.