European markets set to slump at the open as AI worries return

LONDON European bourses are expected to open lower on Tuesday as global markets pull back on renewed concerns over AI-linked stocks. The U. K.’s FTSE index is seen opening 1. 1% lower, Germany’s DAX and France’s CAC 40 down 1. 3% and Italy’s FTSE MIB down 1. 27%, according to data from IG. Regional markets look set to follow their global counterparts lower after tech losses dragged Wall Street lower on Monday with the three major U. S. indexes closing in the red; the 30-stock Dow Jones Industrial Average plunged more than 550 points, or 1. 2%, while the S&P 500 and Nasdaq Composite each lost around 0. 9%. Investors stateside are awaiting delayed jobs data this week as well as Nvidia’s latest earnings report, due Wednesday. The chipmaker, whose stock declined 2% yesterday, has been at the center of a debate about the strength of the artificial intelligence-powered market rally this year. Concerns have grown about weak market breadth, pricey tech valuations and the soundness of AI fundamentals due to a boom in Big Tech debt offerings and the pace of AI chip depreciation. Asia-Pacific markets fell overnight while U. S. stock futures were little changed. In Europe on Tuesday, earnings come from Siemens Energy and Imperial Brands. There are no major data releases. CNBC’s Pia Singh contributed to this market report.
https://www.cnbc.com/2025/11/18/european-markets-on-novpoint18-stoxx-600-ftse-dax-cac-.html