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Risk-off mood sweeps European stocks as AI concerns deepen

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Risk-off mood sweeps European stocks as AI concerns deepen

By Johann M Cherian and Avinash P Nov 6 (Reuters) - European shares fell 1% on Friday, with insurance stocks leading a broad-based selloff as investors weighed the outlook for

Directly affected

  • No company is named in this report.

Indirectly affected

  • QQQ Invesco QQQ-9.8% 30d

    Invesco QQQ: it holds the big tech and AI names. Linked by “ai” (AI and big tech) in this story.

  • AIQ Global X Artificial Intelligence & Technology ETF-1.9% 15d

    Global X Artificial Intelligence & Technology ETF: it holds the big tech and AI names. Linked by “ai” (AI and big tech) in this story.

  • XLF Financial Select Sector SPDR-1.4% 30d

    Financial Select Sector SPDR: it holds insurers. Linked by “insurance” (insurers) in this story.

  • VGK Vanguard FTSE Europe ETF

    Vanguard FTSE Europe ETF holds stocks listed in Europe, which this story is about (“european”).

  • MSFT Microsoft+11.8% 30d

    Microsoft (prepackaged software): big tech's AI spending and demand drive its shares. Linked by “ai” (AI and big tech) in this story.

  • GOOGL Alphabet-15.6% 30d

    Alphabet (computer programming, data processing, etc.): big tech's AI spending and demand drive its shares. Linked by “ai” (AI and big tech) in this story.

  • CB Chubb+9.9% 30d

    Chubb (fire, marine and casualty insurance, with business in Europe): insurers pay claims and price policies around events like this. Linked by “insurance” (insurers) in this story.

  • AMZN Amazon.com+6.7% 30d

    Amazon.com (catalog and mail-order houses): big tech's AI spending and demand drive its shares. Linked by “ai” (AI and big tech) in this story.

Price reaction, T-5 to T+3

TickerT-5T-3T-1T0T+1T+2T+3
QQQ+6.56%+5.75%base+1.57%after closeafter closeafter close
AIQ+6.96%+5.95%base+0.92%after closeafter closeafter close
XLF-1.74%-0.61%base-0.25%after closeafter closeafter close
VGK-0.95%-0.91%base-1.07%after closeafter closeafter close
MSFT-2.67%-2.88%base-0.51%after closeafter closeafter close
GOOGL-0.97%-0.97%base+0.99%after closeafter closeafter close
CB-2.02%-1.42%base-1.37%after closeafter closeafter close
AMZN-7.79%-3.81%base+0.33%after closeafter closeafter close

Closing-price change versus T-1, the last close before the story. T0 to T+3 fill in after each market close. Prices: Alpaca IEX.

Risk-off mood sweeps European stocks as AI concerns deepen Central Oregon Daily

Source: Central Oregon Daily

This story

CompanyWhenMoveStatus
AIQthat day+0.92%still updating
AIQthree days earlier+5.95%final price
AIQfive days earlier+6.96%final price
AMZNthat day+0.33%still updating
AMZNthree days earlier-3.81%final price
AMZNfive days earlier-7.79%final price
CBthat day-1.37%still updating
CBthree days earlier-1.42%final price
CBfive days earlier-2.02%final price
GOOGLthat day+0.99%still updating
GOOGLthree days earlier-0.97%final price
GOOGLfive days earlier-0.97%final price
MSFTthat day-0.51%still updating
MSFTthree days earlier-2.88%final price
MSFTfive days earlier-2.67%final price
QQQthat day+1.57%still updating
QQQthree days earlier+5.75%final price
QQQfive days earlier+6.56%final price
VGKthat day-1.07%still updating
VGKthree days earlier-0.91%final price
VGKfive days earlier-0.95%final price
XLFthat day-0.25%still updating
XLFthree days earlier-0.61%final price
XLFfive days earlier-1.74%final price

Congressional trades in the stocks in this story

Public disclosure filings, not a recommendation. The filing link is the source document. News use of these reports still sits under 5 U.S.C. § 13107(c).

How solid “Risk-off mood sweeps European stocks as AI concerns deepen” looks

12 out of 100Price not final

“Risk-off mood sweeps European stocks as AI concerns deepen” scores 12 out of 100. The score uses 1 sources. The price is not final yet.