European stocks were subdued on Thursday, with the macro outlook remaining in focus as traders looked to upcoming data for clues about the region's economic health. The Stoxx 600 Index was little changed at 8:15 a.m. in [ADDRESS]. The tech and healthcare sectors were the biggest laggards, with ASML Holding NV and SAP SE dropping more than 1% each.

Market participants are awaiting key economic indicators to gauge the strength of the European economy amid ongoing uncertainty about monetary policy and global demand. Traders are particularly watching for data releases that could signal shifts in the European Central Bank's approach to interest rates and inflation management. The lack of significant movement in major indices reflects the cautious sentiment among investors who remain on the sidelines until clearer economic signals emerge.