European Stocks Close Mixed

European stocks closed mixed on Thursday, reflecting similar developments in North America, as plunges in AI infrastructure and heavyweight lenders offset strong performances elsewhere. The Euro STOXX 50 fell 0.4% and the STOXX Europe 600 rose 0.3% to 640. Industrial production in the Eurozone unexpectedly fell at a sharp pace in August, injecting fresh concerns that the bloc's economy may start to feel a bigger impact from higher energy prices, interest rates, and cheap Chinese exports that drove major economies to campaign in Brussels for tariffs and quotas. ASML sank 4.2% and Infineon dropped 5.2%, tracking the global chip sector following slower revenue growth from Anthropic. Meanwhile, Nordea tanked 7.8% after a quarter of lower profits drove the bank to pause its share buyback. On the other hand, L'Oreal, SAP, Rheinmetall, and Wolters Kluwer rose by up to 4.5%.