Global Market: European Shares Fall as Global Tech Selloff, Rate Fears Weigh on Sentiment
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6 Articles
The Economic Times
Times of IndiaGlobal Market: European shares fall as global tech selloff, rate fears weigh on sentiment
European shares faced a decline as technology stocks led the losses amid global selloffs and rising borrowing costs. The pan-European STOXX 600 index reported a 0.35% drop, reflecting investor sentiment adjustments after strong US inflation data. Companies involved in artificial intelligence investments experienced increased pressure, especially regarding their financing needs. However, certain corporate earnings, like those from Ericsson and Pe…
European shares fall as global tech rout hits risk appetite
Oct 15 (Reuters) - European shares fell on Thursday as sentiment took a hit from a global rout in tech stocks, sparked by fears of increasing borrowing costs. The pan-European STOXX 600 index dropped 0.35% to 635.54 points by 0709 GMT. Tech stocks fr...
The European stock exchanges closed without a single direction on Thursday (15), with artificial intelligence (AI)-related actions pressed by the global liquidation of the sector, while corporate balance sheets limited losses. Inflation data from the United States reinforced the fear of new high interest rates by the Federal Reserve (Fed, the US central bank), in the middle of [...]
European stock markets recorded mixed results, with technology stocks coming under strong pressure due to concerns about inflation in the US.
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