--- title: "European stock markets remain stable, while NVIDIA's decline triggers sector rotation" type: "News" locale: "en" url: "https://longbridge.com/en/news/277082214.md" description: "European stock markets were basically flat on Thursday, as NVIDIA's earnings failed to excite investors, leading them to sell off semiconductor equipment stocks and turn to stocks affected by concerns over artificial intelligence. The Stoxx Europe 600 index closed flat after hitting a record high, with ASML Holding's stock price falling by 4.3%. UBS's AI risk basket index rose by 3.8%. The London Stock Exchange announced a £3 billion share buyback, with its stock price rising by 9.1%" datetime: "2026-02-26T18:16:05.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/277082214.md) - [en](https://longbridge.com/en/news/277082214.md) - [zh-HK](https://longbridge.com/zh-HK/news/277082214.md) --- > Supported Languages: [简体中文](https://longbridge.com/zh-CN/news/277082214.md) | [繁體中文](https://longbridge.com/zh-HK/news/277082214.md) # European stock markets remain stable, while NVIDIA's decline triggers sector rotation European stock markets were essentially flat on Thursday, as disappointing earnings from NVIDIA prompted investors to sell off high-flying chip equipment stocks and shift towards stocks that had been battered by concerns over artificial intelligence disruptions. The Stoxx Europe 600 index closed nearly unchanged after hitting a record high on Wednesday. ASML Holding was the biggest drag on the index, with shares falling 4.3% after NVIDIA's stock declined in U.S. trading following its earnings report on Wednesday. Meanwhile, UBS's EU AI Risk Basket Index rose 3.8%. Software stocks like SAP AG, advertising companies like WPP Group, and professional publishers like Wiley Group recovered some of their losses from this year. In other European stock news, shares of the London Stock Exchange rose 9.1% after it announced plans to buy back £3 billion ($4.1 billion) of its own stock. Indra Sistemas saw its stock soar 21% after Morgan Stanley pointed out that the IT company's fourth-quarter performance "significantly exceeded expectations." European stock markets are poised to rise for the eighth consecutive month, as strong performance in traditional economic sectors has shielded the region from the most severe impacts of artificial intelligence. This has prompted investors to shift funds from U.S. companies to stocks in Germany, France, and the UK ### Related Stocks - [YieldMax NVDA Option Income Strategy ETF (NVDY.US)](https://longbridge.com/en/quote/NVDY.US.md) - [Direxion Daily Semicondct Bull 3X ETF (SOXL.US)](https://longbridge.com/en/quote/SOXL.US.md) - [Tradr 1.5X Short NVDA Daily ETF (NVDS.US)](https://longbridge.com/en/quote/NVDS.US.md) - [ASML Holding NV (ASME.DE)](https://longbridge.com/en/quote/ASME.DE.md) - [ASML Holding N.V. (ASML.US)](https://longbridge.com/en/quote/ASML.US.md) - [ASML Holding NV ADRhedged (ASMH.US)](https://longbridge.com/en/quote/ASMH.US.md) - [Leverage Shares 2X Long ASML Daily ETF (ASMG.US)](https://longbridge.com/en/quote/ASMG.US.md) - [GraniteShares 2x Long NVDA Daily ETF (NVDL.US)](https://longbridge.com/en/quote/NVDL.US.md) - [iShares Semiconductor ETF (SOXX.US)](https://longbridge.com/en/quote/SOXX.US.md) - [NVIDIA Corporation (NVDA.US)](https://longbridge.com/en/quote/NVDA.US.md) - [The Technology Select Sector SPDR® ETF (XLK.US)](https://longbridge.com/en/quote/XLK.US.md) - [VanEck Semiconductor ETF (SMH.US)](https://longbridge.com/en/quote/SMH.US.md) - [Direxion Daily NVDA Bear 1X ETF (NVDD.US)](https://longbridge.com/en/quote/NVDD.US.md) ## Related News & Research - [LPU: Nvidia popularizes a new AI acronym](https://longbridge.com/en/news/279662346.md) - [Nvidia Still Top AI Pick With Massive Upside Ahead: Analyst](https://longbridge.com/en/news/279764436.md) - [Nvidia Partners With 6 US Energy Giants To Unlock 100 Gigawatts For AI](https://longbridge.com/en/news/280194356.md) - [Nvidia's $20B Groq Deal Draws US Antitrust Questions](https://longbridge.com/en/news/279978880.md) - [Nvidia In Crosshairs As Senators Question China Export Controls](https://longbridge.com/en/news/280338466.md)