European equities opened lower on Tuesday, with the DAX dropping approximately 0.4% to 25,727 points.
The decline marks a sharp reversal from Monday’s session, when strong economic data had propelled the German benchmark to a record high for the third consecutive day.
The sell-off was not isolated to Europe; technology shares led declines across global markets, signaling a broad shift in investor sentiment.
In the US, the Nasdaq Composite fell 2.1% at the open, with semiconductor stocks bearing the brunt of the selling pressure.
Memory chip maker Micron Technology was among the notable decliners, reflecting the sector’s sensitivity to shifting risk appetite.
The weakness in US tech shares mirrored losses in Asia, where Indian equity markets extended their downturn.