European stocks fall, hit by decline in technology sector
European stocks fell slightly on Tuesday, hit by a decline in technology stocks, amid cautious markets ahead of earnings reports from major U.S. technology companies.
The pan-European STOXX 600 index fell 0.3% to 641.12 points at the stated time, with most sectors recording negative performance.
Observers said that this decline comes as investors await U.S. company results, prompting traders to temporarily reduce risk in the European technology sector.
It is worth noting that global financial markets are usually affected by the results of major companies, especially in the technology sector, which carries significant weight in both European and U.S. indices.
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Original source: Ajel.sa
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