London: European stocks fell Monday to their lowest levels in about a month, affected by a decline in technology shares, which investors around the world have gotten rid of as uncertainty over US tariffs shows no signs of abating. The European Stoxx 600 index fell 1.3 percent, after the benchmark index broke a ten-week winning streak last Friday.

According to Qatar News Agency, technology stocks were the biggest losers on the index, falling 3.1 percent to their lowest level since late January amid investors' aversion to risk, rapid shifts in US trade policy, and growth concerns in the world's largest economy. The Nasdaq Composite Index, which is heavily weighted by technology stocks in the United States, fell 4 percent to its lowest level in nearly six months.

Banks fell 2.7 percent and industrials fell 2.1 percent. Both sectors had recently rallied after Germany's massive fiscal package and expectations of increased defense spending in the region. While most subsectors on the Stoxx index declined, utilities and autos and parts gained, each gaining more than 1.2 percent.