Europe's Stocks Drop With Tech Shares Stealing Some Attention

Wednesday, 23 January 2019 15:17 WIB

Stoxx 600Saham EropaStoxx Europe 600


European shares opened lower after a U.S. session that ended firmly in the red, and with Asian markets left searching for a clear direction.

The Stoxx Europe 600 index fell 0.4 percent. Technology shares were the worst performers, down 1.5 percent, followed by the auto and parts sector.

Europe's largest semiconductor gear-maker ASML Holding NV now forecasts sales below analyst estimates, providing yet another reason for investors to watch for stock movements in the chip sector. In other company news, the Federal Reserve is said to examine how Deutsche Bank AG handled billions of dollars in suspicious transactions from Denmark’s Danske Bank A/S.

Source: Bloomberg


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