06:48 AM EST, 11/04/2025 (MT Newswires) -- European bourses tracked lower midday Tuesday as traders joined the global risk-off mood, and booked profits after recent bull moves.
Palantir Technologies (PLTR) traded down sharply midday in Frankfurt even as the US-based software maker reported stronger-than-expected third-quarter results late Monday.
Retail, oil, tech and bank shares led losses on continental trading floors, while food and property stocks held firm.
Investors also eyed Wall Street futures flashing red, and solidly lower closes overnight on Asian exchanges.
The pan-continental Stoxx Europe 600 Index was off 1% mid-session.
The Stoxx Europe 600 Technology Index was down 1.3%, and the Stoxx 600 Banks Index lost 1.4%.
The Stoxx Europe 600 Oil and Gas Index eased 1.5%, while the Stoxx 600 Europe Food and Beverage Index was flat.
The REITE, a European REIT index, rose 0.2%, while the Stoxx Europe 600 Retail Index was down 2.1%.
On the national market indexes, Germany's DAX was down 1.4%, and the FTSE 100 in London lost 0.6%. The CAC 40 in Paris was off 1.2%, and Spain's IBEX 35 eased 1.2%.
Yields on benchmark 10-year German bonds were lower, near 2.65%.
Front-month North Sea Brent crude-oil futures were down 1.3% at $64.07 a barrel.
The Euro Stoxx 50 volatility index was up 9.8% at 19.72, marginally indicating below-average volatility for European stock markets in the next 30 days, a positive signal. A reading above 20 indicates choppier markets ahead, while below 20 suggests calmer exchanges.
http://www.mtnewswires.com
Copyright © 2025 MT Newswires. All rights reserved. MT Newswires does not provide investment advice. Unauthorized reproduction is strictly prohibited.