European stocks dip as tech rally loses momentum amid Middle East tensions

European equity markets opened lower on the trading day. The decline followed a pause in the recent technology sector rally. Investors cited waning momentum in tech stocks as a key factor. Ongoing geopolitical uncertainty in the Middle East added pressure. The combination pushed major European indices down modestly. Sector analysts noted that the tech slowdown could affect earnings outlooks. Traders remained cautious ahead of upcoming corporate reports. Market participants will watch for any escalation in Middle East tensions for further impact.