London: European stocks declined on Monday after approaching their all-time highs in the previous session, amid optimism regarding US monetary easing, while JD.com shares touched their highest level in three years following an acquisition deal.

According to Qatar News Agency, JD.com shares jumped 17.2 percent, reaching their strongest level since September 2022, after announcing an acquisition deal worth EUR 15.7 billion (USD 18.4 billion).

The pan-European Stoxx 600 index fell 0.3 percent, while Germany's DAX index dropped 0.5 percent and France's CAC 40 index declined 0.4 percent.

The Stoxx 600 index was affected by a drop in shares of Danish company Orsted, which lost 15.5 percent after the Trump administration ordered the company to halt advanced construction on an offshore wind energy project near Rhode Island.

Shares of other renewable energy companies, including Vestas Wind and Siemens Energy, also fell, with their stocks dropping 3.2 percent and 2 percent, respectively.