European markets open lower as valuation concerns resurface – London Business News | London Wallet

European equities opened in the red on Wednesday, extending recent losses as investors grew increasingly cautious following renewed concerns about valuation levels in tech and AI-related companies.

The cautious tone across global markets weighed on European equities.

Germany’s DAX slipped for a second consecutive session. Siemens Healthineers dropped significantly after the company reported fourth-quarter revenue slightly below expectations and a disappointing 2026 forecast, citing the impact of US import tariffs.

Conversely, BMW gained after reporting a higher operating margin in Q3, supported by reduced R&D spending and optimism around its new all-electric vehicle line, despite mounting competition in China.

Looking ahead, investor attention will turn to corporate earnings from names such as Rheinmetall, Deutsche Post, and Commerzbank, which could help set the tone for broader market sentiment in the coming sessions. Meanwhile, US private sector employment data due later in the day may influence global risk appetite.