European Markets Drop Amid Tech Slump and Political Uncertainty
TL;DR Summary
European shares fell for the third straight session, led by a 6.4% drop in ASML after a weak sales forecast and concerns over potential strict U.S. trade rules affecting semiconductor technology access to China. The pan-European index dropped 0.5%, with the technology sub-index down 2.6%. Inflation data and earnings updates also influenced market sentiment.
- European shares slide as tech stocks weigh By Reuters Investing.com
- European markets fall as UK inflation holds steady; ASML declines 7% CNBC
- China's reduced spending saps European luxury stocks Reuters
- FTSE 100 and European markets down, US up as bets on Trump ramp up Yahoo Finance UK
- European markets in red as tech stocks fall, traders assess political outlook Seeking Alpha
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