European stock markets down in line with global stocks amid US tech sell-off
MG News | March 28, 2018 at 01:34 PM GMT+05:00
European markets took a dip downward at open today after a sell-off in US Tech triggered a decline in global stocks throughout Asia.
London's benchmark FTSE 100 index slid 0.6 percent to 6,959.04 points compared with the close on Tuesday.
In the Eurozone, Frankfurt's DAX 30 index dropped 0.9 percent to 11,868.08 points and the Paris CAC 40 shed 0.8 percent to 5,073.42.
Asian equities were also significantly down during the day as US investors sold their positions in the technology stocks over fears of US clampdown in Chinese investments in the technology sector.
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