Continuing the negative streak of the past few days, tech stocks fell

Continuing the negative streak of the past few days, tech stocks fell

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European shares also fell on Wednesday, continuing the negative mood of this week’s sessions.

Inactive in Athens with marginal changes for the General Index and the banks, for now, in negative territory.

The pan-European Stoxx 600 index decreased by 0.3%, while other important stock markets in the region moved with negative indicators. In Frankfurt, the DAX lost 0.34%, as did Paris and London.

Tech stocks fell 2.02%, while banks rose 0.53%.

and Adidas upgraded guidance for 2024 after a strong second quarter. Its upward trajectory is due to the successful release of the last two sneaker models, “Gazelle” and “Samba”.

Inflation in the UK stood at 2% year-on-year in June, according to data released by the Office for National Statistics on Wednesday. The rate was slightly higher than the 1.9% forecast, but in line with May’s 2% reading and the Bank of England’s target rate.

Dow futures were little changed on Tuesday night, while Asia-Pacific markets traded mixed, with Australia’s S&P/ASX 200 at a new all-time high, said the CNBC.

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