India, Jan. 27 -- European stocks opened lower on Monday as artificial intelligence-related stocks succumbed to selling pressure on doubts over America's technological dominance.

Investors also digested weak economic data from China and looked ahead to the Fed and ECB interest-rate decisions due this week.

The pan European STOXX 600 dipped 0.7 percent to 526.62 after finishing marginally lower on Friday.

The German DAX fell 1.3 percent despite the headline German IFO Business Climate Index increasing to 85.1 in January from 84.7 in December.

France's CAC 40 shed 0.9 percent and the U.K.'s FTSE 100 was down 0.2 percent.

Chip equipment maker ASML fell nearly 2 percent after Chinese startup DeepSeek's AI Assistant overtook rival ChatGPT t...