"European Markets Slide Amid Tech Decline and Steady UK Inflation"
TL;DR
European markets fell on Wednesday, with the Stoxx 600 down 0.52% and tech stocks dropping 2.84%, driven by a 6.7% decline in ASML shares due to potential U.S. trade restrictions on chip equipment exports to China. UK inflation held steady at 2%, slightly above forecasts, boosting the British pound above $1.3 against the U.S. dollar.
- European markets fall as UK inflation holds steady; ASML declines 6% CNBC
- China's reduced spending saps European luxury stocks Reuters
- European shares open lower on tech stocks drag By Reuters Investing.com
- FTSE 100 and European markets down, US up as bets on Trump ramp up Yahoo Finance UK
- European markets in red as tech stocks fall, traders assess political outlook (EUR:USD) Seeking Alpha
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