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2026-02-13 17:15:34
[European Stocks Hold Steady Ahead of US Inflation Data, Tech Stocks Under Pressure] ⑴ European stocks held steady on Friday as investors adopted a cautious stance ahead of key US inflation data. ⑵ This data could influence expectations regarding the Federal Reserve's next policy move. ⑶ The Euro Stoxx 50 index fell 0.1% to around 6010 points. ⑷ The pan-European Stoxx 600 index was essentially flat at 618 points. ⑸ Tech stocks faced renewed selling pressure as concerns intensified about the long-term sustainability of massive investments in artificial intelligence. ⑹ Investors reassessed potential structural shifts across industries, with anxiety over the disruptive risks of AI also weighing on sectors such as logistics, commercial real estate, and financial services. ⑺ In company news, L'Oréal shares plunged more than 6% after the company's fourth-quarter sales growth fell short of expectations. ⑻ Dalier fell 8.7%, with mixed performance from its Eastern division. ⑼ Safran bucked the trend, surging 7% after the aerospace group raised its 2026 revenue and profit targets.
