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2025-12-16 16:51:24
[European Stocks Fall on Tuesday, Defense and Technology Sectors Under Pressure] ⑴ European stocks retreated on Tuesday, with the Stoxx 50 down 0.3% and the Stoxx 600 down 0.2%, after rising in the previous session. ⑵ Defense stocks were under pressure, mainly as investors assessed the progress of related negotiations. ⑶ Shares of major defense companies fell, including Rheinmetall (-3.5%), BAE Systems (-2.3%), Leonardo (-4.1%), and Thales Group (-2.3%). ⑷ Technology heavyweights also dragged down the market, with ASML Holdings down 1.7% and SAP down 1.2%. ⑸ Conversely, LVMH Group performed strongly, with its shares rising 1.3%. ⑹ Meanwhile, preliminary Eurozone PMI data continued to show a divergent outlook, with German private sector activity falling short of expectations and French service sector slowing much more than anticipated.
