Europe's STOXX 600 closes lower; investors assess Pernod Ricard, Nvidia earnings

Europe's STOXX 600 closed lower on Thursday, dragged down by healthcare stocks, while investors assessed earnings from Pernod Ricard and AI chip leader Nvidia.

The pan-European STOXX 600  ended 0.2% lower, reversing gains from earlier in the session. Regional bourses were mixed.

"What we're seeing is just some concerns on the earnings front. We had some ripple effects from Nvidia earnings overnight that's kind of playing into equities," said Laura Cooper, head of macro credit and investment strategist at Nuveen.

European semiconductor stocks were mixed as investors parsed Nvidia's  data center outlook, which fell short of some analysts' expectations.

ASML edged down, BESI was flat, while Infineon  and ASM International  rose 1.2% and 3.7% respectively.

Nvidia, the AI market bellwether, also excluded potential China sales from the forecast due to policy uncertainty.

Pernod Ricard  firmed 1.4% after the spirits group reported a lower than expected drop in annual sales and profit and forecast improving trends from the second half of its 2026 fiscal year. Shares of peer Remy Cointreau rose 1%, while heavyweight LVMH added 2.2%.