Brussels, February 16 (QNA) – European stock indices closed mixed Monday, amid market volatility stemming from concerns about the impact of artificial intelligence tools on corporate profits, and as investors await a busy week of earnings reports.

The pan-European Stoxx 600 index rose 0.14 percent to close at 618.56 points, supported by gains in the financial sector.

The Spanish IBEX 35 led the gains among regional stock exchanges, rising by nearly 1 percent.

In London, the FTSE 100 index climbed 0.26 percent to 10,473.69 points, while Germany's DAX index fell 0.4 percent to 24,812.50 points.

The French CAC 40 index also rose, gaining 0.06 percent to close at 8,316.50 points.

European markets experienced volatility from late January to early February due to concerns that artificial intelligence tools could negatively impact the profits of some traditional sectors.

However, better-than-expected earnings results, despite continued high US tariffs, helped the European index reach a record high last week and achieve gains for the third consecutive week.

Later this week, attention will turn to the anticipated earnings reports of major companies, which should provide further indications of the strength of European companies' performance amidst current economic challenges. (QNA)