India, Jan. 27 -- European stocks closed lower on Monday, with several markets falling after several days of gains, due to a sell-off in the tech shares amid concerns about the impact of the rapidly growing Chinese AI startup DeepSeek on the earnings of on the sector.
Concerns about U.S. President Donald Trump's tariff threats and policies, and anxiety ahead of interest rate decisions from the Federal Reserve and the European Central Bank also contributed to the weakness in the markets.
The pan European Stoxx 600 edged down 0.07%. Germany's DAX and France's CAC 40 closed down 0.53% and 0.27%, respectively. The U.K.'s FTSE 100 edged up 0.02%, and Switzerland's SMI climbed 1.05%.
Among other markets in Europe, Austria, Finland, Iceland, Ne...