"European Markets Slide Amid Tech Decline and Steady UK Inflation"

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Source: CNBC
"European Markets Slide Amid Tech Decline and Steady UK Inflation"
Photo: CNBC
TL;DR Summary

European markets fell on Wednesday, with the Stoxx 600 down 0.52% and tech stocks dropping 2.84%, driven by a 6.7% decline in ASML shares due to potential U.S. trade restrictions on chip equipment exports to China. UK inflation held steady at 2%, slightly above forecasts, boosting the British pound above $1.3 against the U.S. dollar.

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