European stocks finish flat as ASML slides 8.4% and Brent drops 7.2% below $90

AI Market Summary
European equities finished flat as a sharp tech selloff offset relief from easing U.S.-Iran tensions and a 7.2% drop in Brent crude below $90. The oil decline reduced near-term inflation pressure for energy-importing regions, lifting airlines while weighing energy stocks. Separately, ASML's steep fall on reports of China advancing immersion DUV capabilities hit European semiconductors, highlighting rising competitive and policy risk.
Impact level
● High
Affected assets
NCCO1OILBRENT2USD/USDT-4.75%
AI Insight · NCCO1OILBRENT2USD/USDTAI Insight
● Neutral
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European shares were little changed on Monday, while Brent crude slid 7.2% on the day to below $90 a barrel after easing U.S.-Iran tensions reduced perceived supply risks. ASML tumbled 8.4%, pushing the European tech sector down 1.7% after news that China has made progress in immersion deep ultraviolet lithography machines, challenging ASML’s dominance. Energy stocks fell 2%, while airline shares broadly rose as lower oil prices improved the outlook for carriers.