Global equity markets extended their decline on Tuesday, with broad-based losses in the technology sector leading the sell-off.

The rout followed a losing session on Wall Street, where tech-heavy indices struggled to find support.

The AEX index slid further into negative territory on Wednesday, dragged down by a broad-based selloff in technology shares that has rippled from Wall Street to European trading floors.

The decline marks a continuation of the pressure on growth stocks, with investors rotating away from high-multiple names amid rising uncertainty.

Netflix's quarterly results, released in the evening, failed to provide a counterweight to the broader market weakness.

Despite the streaming giant's performance, the tech-heavy sentiment remained firmly negative, underscoring the depth of the current risk-off environment.