European Tech Stocks Hit Six-Month Low Amid Global Sell-Off

Reported 2 months ago

European technology stocks fell to their lowest point in over six months, declining 3.6% as the market responded to a global sell-off and disappointing earnings from Intel, which saw its shares plunge 20% after suspending its dividend and announcing significant job cuts. The downturn affected other semiconductor companies in Europe while broader indices also dipped, highlighting a widespread retreat in equity markets.

Source: YAHOO

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