European stocks fall 1% as tech rout spreads across sectors
The STOXX 600 is down 1%, leaving it roughly unchanged for the week, as Thursday’s technology selloff spreads across European markets.
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09:42:58 AM UTC
SquawkNews
By Johann M CherianEuropean shares fell on Friday, with losses across the board as a global market rout gathered steam, capping a painful week as investors grappled with uncertainty over AI stocks after Democrats took control of the US Congress.The pan-European STOXX 600 index TVC:SXXP dropped 1% t…
STOXX SUFFERS, BUT STAYS STEADY ACROSS THE WEEKEuropean stocks are down across sectors and countries as Thursday's tech rout spilled across into the broader market with traders risk-averse and seeking safety elsewhere.The STOXX 600 TVC:SXXP is down 1%, leaving it more or less unchanged across the w…