European stock markets fell by 1.7% on Tuesday, influenced by losses in the technology sector and declines on Wall Street.
Raluca Ioana Draghici
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Economy
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On Tuesday, European stocks recorded a decline of 1.7%, amid global concerns related to technology companies, according to CNBC. The pan-European Stoxx 600 index was affected by negative trends in the American markets, where the Dow Jones lost over 550 points. While Intermediate Capital Group rose by 5.3% due to the acquisition of Amundi, Amundi's shares fell by 3.2%. Other companies, such as Akzo Nobel and Novo Nordisk, reported losses, while Roche reported a 7.5% increase due to positive results in clinical studies. The medical sector showed a downward trend, and investors are awaiting important economic data and Nvidia's financial results. Markets in the Asia-Pacific region and U.S. futures also followed the downward trend. Financial reports from Siemens Energy and Imperial Brands are scheduled for Tuesday, without any significant macroeconomic data expected.
Sources
Pieţele financiare sunt tot mai tensionate: Marile burse europene scad după ce temerile investitorilor privind o posibilă bulă în tehnologie devin tot mai puternice
Pieţele financiare sunt tot mai tensionate: Marile burse europene scad după ce temerile investitorilor privind o posibilă bulă în tehnologie devin tot mai puternice
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