European shares retreat from record highs as Nvidia CEO exit rattles AI trade

European shares opened lower on Friday, retreating from record highs scaled in the previous session, as uncertainty surrounding the artificial intelligence trade weighed on global markets following Jensen Huang’s abrupt resignation as Nvidia CEO, Reuters reported.

The pan-European STOXX 600 index fell 0.2% to 662.64 points by 0808 GMT, with personal and household goods stocks leading sectoral losses, declining 1%.