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The Economic Times
The Economic Times
Business
Anupam Nagar

Global Market: European shares subdued as tech stocks slide, oil prices surge

Oil US Federal Reserve Artificial Intelligence

European shares were subdued on Monday as technology stocks fell following calls from leading artificial intelligence executives for a slower pace of development, while a fresh surge in oil prices weighed on broader risk appetite, Reuters reported.

The pan-European STOXX 600 was little changed at 638.95 points in choppy trading as of 0810 GMT, with most major regional bourses trading lower.

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