Euro markets continue to fall – Losses in the technology sector

Euro markets continue to fall – Losses in the technology sector

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Euro markets closed lower on Wednesday (17/7), continuing the negative sentiment of the past few days.

The pan-European Stoxx 600 lost 0.44% to 515.04 points, with most of the region’s major bourses in decline. The technology sector fell by 3.48%, while the chemical sector rose by 0.77%.

In terms of major European indices, Germany’s DAX fell 0.45% to 18,440.95, Britain’s FTSE 100 rose 0.27% to 8,187.13, while France’s CAC 40 fell 0.12% to 7,570.81 units. Regionally, Italy’s FTSE MIB rose 0.05% to 34,385.00, Spain’s IBEX 35 gained 0.14% to 11,106.00, while Portugal’s PSI closed 0.25% lower at 6,765.92 units.

Shares of Dutch semiconductor company ASML fell 10.93% as a second-quarter profit surge was offset by a global burden on the industry following reports of tighter export restrictions. in the US.

THE inflation in the UK, in June, was 2%, per year, according to data published by the National Statistics Service. This rate is slightly higher than the 1.9% forecast, but in line with the reading in May (2%), but also the target rate of the Bank of England.

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