European shares muted as investors assess AI outlook; banking stocks rally

European shares were subdued as investors assessed the fallout from last week's technology selloff and uncertainties surrounding AI investments. Banking stocks gained on merger developments and upbeat earnings, while mining shares advanced on higher precious metal prices.

Nov 9, 2026 - 12:00
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European shares muted as investors assess AI outlook; banking stocks rally
European shares were subdued as investors assessed the fallout from last week's technology selloff and uncertainties surrounding AI investments. Banking stocks gained on merger developments and upbeat earnings, while mining shares advanced on higher precious metal prices.

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