European equity markets traded lower in midday trading, with the positive momentum in technology stocks stalling as investors adopted a cautious stance ahead of the upcoming earnings season.
The broader regional sell-off was contrasted by resilience in the Czech Republic, where the PX index edged higher, buoyed by gains in domestic banking stocks and utility giant ČEZ.
Meanwhile, gold prices hovered near $4,100 per ounce, maintaining support despite recent volatility in precious metals markets.
Commodity markets showed mixed signals amid ongoing geopolitical tensions.
Brent crude oil prices held steady around $76 per barrel, reflecting persistent supply risks linked to the crisis in the Persian Gulf.
Meanwhile, gold prices hovered near $4,100 per ounce, maintaining support despite recent volatility in precious metals markets.
Currency markets remained largely quiet, with no significant directional moves observed in major pairs.