European Stocks Close Lower for Profit Making

European stocks declined on Monday, after a recent rally brought it to its all-time highs, amid profit making and losses by the technology sectors and major indices.

The STOXX Europe 600 index fell by 0.4%, as the technology sector lost 1.3% to lead the market losses.

The French CAC40 index and the German benchmark index DAX finished lower by 0.13% each.

Meanwhile, the UK’s FTSE100 ended the session down by 0.39%.