European Stocks Steady Amid Middle East Tensions and Economic Data Releases

European stock markets held steady on Monday despite ongoing tensions in the Middle East and concerns about economic data releases. The STOXX 600 index, a benchmark for European stocks, remained near its record high due to uncertainty in the region that has driven up oil prices.

The technology sector saw some gains, with Infineon Technologies' shares rising by 3.8% after announcing a share buyback program. This led to a 1% increase in the sector overall.

However, media stocks declined, with WPP and Publicis Group experiencing drops. Investors are cautious ahead of a week packed with economic data releases, including US consumer price figures due on Wednesday.