Germany's DAX fell below 25,000, down 0.82% on the day.

Nomura and Daiwa CEOs said Japan’s stock rally should persist through 2027 but cautioned AI-driven investment could reverse the trend. Nomura CEO Kentaro Okuda said market levels, share prices and corporate earnings have been powered by AI investment and that a shift in AI sentiment would be a major downside risk; he forecasts the Nikkei 225 around 75,000 by year-end and above 80,000 by end-2027. Daiwa CEO Akihiko Ogino expressed similar concern and expects the Nikkei 225 to reach 80,000 this year.

A Houthi spokesman said Saudi warplanes carried out 156 air and missile strikes in the past 24 hours targeting civilian areas in Sanaa and the provinces of Taiz, Saada, Al Jawf, Marib and Amran. Since the escalation of the Yemen conflict, Saudi-led air and missile strikes have totaled 1,798.