European stocks ended Monday with limited moves, retaining losses from the previous week amid an adverse macroeconomic backdrop. The Euro STOXX 50 fell 0.1% to 6,455, while the STOXX Europe 600 closed flat at 654. The DAX 40 trimmed early losses to trade marginally lower around 26,120 as technology and auto stocks declined. AI infrastructure shares weakened ahead of Nvidia’s earnings after Wednesday’s close, with Infineon Technologies and Siemens Energy each falling 3% and ASML losing 1%. Investors also assessed potential inflation and interest-rate effects from new US sanctions on Iran, elevated sovereign yields and concerns about higher US deficit spending and whether the Federal Reserve may be complacent toward high inflation. Banks were mostly higher, while Volkswagen fell 1.6% after CEO Oliver Blume warned that pressure on the automotive sector would require further cost-cutting, including significant workforce reductions.