Earnings disappointments, tech weakness dent European stocks
Shares in Heineken tumbled 5.4 percent to the bottom of the STOXX after the world's second largest beer maker cut its full-year margin guidance.
The pan-European STOXX 600 fell 0.3 percent, starting a packed earnings week on the back foot after sealing on Friday its strongest weekly gain in nearly five weeks. Germany's DAX edged down 0.2 percent.
Another faller after earnings was Siemens Healthineers , which declined 3.2 percent after the world's largest maker of medical imaging gear reported a 10 percent slump in net profit, hurt by a strong dollar.
Several earnings updates were, however, supportive.
British bookmaker GVC, which owns the Ladbrokes and Coral brands, jumped 5.1 percent to a record high after announcing it sealed a joint venture with MGM Resorts to set up an online betting platform in the US
And Lloyd's of London insurance underwriter Hiscox climbed 6 percent after reporting stronger pre-tax profit driven by higher premiums.
(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)