European markets were downbeat at the start of this week’s trading, following their Asia-Pacific counterparts.
as investors look ahead to a week of central bank decisions.
The pan-European Stoxx 600 index opened 0.2% lower, with sectors spread across positive and negative territory. Mining stocks led marginal gains with a 0.3% uptick, while household goods were down 0.5% at the start of trading.CNBC Pro: Bank of America names 2 European chip stocks as its 'top picks' into year-endThe Wall Street bank's"top autos semis pick" is expected to rise by more than 60% over the next 12 months.
However, the overall sentiment gauge declined to 67.7, down from 69.5 in August and below the Dow Jones estimate for 69.2.China's market advantage has been a huge user base, coupled with an ability to ramp up internet penetration to support an online ecosystem – from Taobao e-commerce sales to scan-to-ride bike shares.
"Early movers in the [large language model] market have already started the commercialization process, and regulatory approval for 10+ LLMs to open to the public has further cleared roadblocks to monetization," Nomura analysts said in a Sept. 10 note, citing meetings with businesses and industry experts in Beijing in the few days prior.European markets are expected to open in negative territory Friday.
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