The headline translates to: "Europe's Leading Index Under Pressure: Monthly Downward Trend Continues.

The European stock market is currently experiencing one of its most challenging phases in a year. The STOXX 600, Europe's broad benchmark index, fell by 0.6%, reaching its lowest level in nearly two months. With a decline of 2.72% in October, the index is facing its worst monthly performance in a year, marking its second consecutive monthly drop. Technology stocks have been particularly affected by the current turbulence, decreasing by 1.1% and exerting the strongest negative influence on the index. Recent quarterly reports from major technology companies such as Meta and Microsoft have shown that investments in artificial intelligence are increasing. However, investors are concerned about the lack of rapid and substantial returns. The market was influenced not only by technology-driven movements: TotalEnergies lost 1.7% after the adjusted net profit of the French oil giant hit a three-year low in the third quarter. BNP Paribas did not fare any better—the French bank experienced a 6.5% drop in shares following the release of its quarterly figures. Anheuser-Busch InBev also disappointed with worse-than-expected earnings and a slump in sales, leading to a 3% decrease in share price. On a positive note, Shell managed to stand out, with its quarterly profit of $6 billion exceeding expectations, which resulted in a 1.1% increase in shares. Airbus even gained 2.9% after the company named a successor for its aircraft manufacturing division while the CEO remains in position. On the economic front, new inflation and sales data were released. The preliminary inflation rate in France was 1.5% in October, while in Germany, retail sales unexpectedly rose in September.