European Shares Decline Amid Focus Shift to Corporate Earnings

European shares fell after three days of record highs, as corporate earnings took center stage over U.S.-China trade developments. The STOXX 600 dipped 0.2%, while Spain's IBEX 35 reached a record high thanks to strong bank growth. Nokia surged after an investment announcement.

European markets faced a downturn on Tuesday following a streak of record-high sessions, as investor focus shifted toward corporate earnings, overshadowing recent progress in U.S.-China trade negotiations.

The STOXX 600 index saw a 0.2% dip, with most regional indexes following suit. Notably, Spain's IBEX 35 index hit an all-time high, buoyed by robust growth in Spanish banks, unlike the broader European banking sector.

Meanwhile, Finland's index climbed 1.8% to reach its highest point in over three years, highlighted by Nokia's over 20% rise following Nvidia's planned $1 billion investment. However, the healthcare sector and European construction faced declines, impacting overall market performance.

(With inputs from agencies.)