Tech shares slide as global stock markets sell off
The stock exchange in Frankfurt: European stocks fell as a surge in government bond yields knocked high-growth technology shares.
European stocks fell as a surge in government bond yields knocked high-growth technology shares, with fresh signs of a slowdown in China's economy weighing on investor sentiment.
The pan-European Stoxx 600 index was down 2.2%, its biggest one-day decline in over two months as a jump in US Treasury yields signalled that investors were bracing for higher rates and the risk of persistent inflation.
The Business Hub
Newsletter
News and analysis on business, money and jobs from Munster and beyond by our expert team of business writers.



