European Stocks Slide as Technology Selloff Spreads Around World
Coutts Says 'Stay the Faith' on U.K. Stocks, Pound
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European stocks fell as investors dumped technology shares while assessing political events in the U.K. and France.
The Stoxx Europe 600 Index dropped 1 percent at the close. Technology shares led the declines, following their peers in U.S. and Asian markets, with the European tech sector falling the most in a year. The Stoxx 600 rose 0.3 percent Friday, boosted by gains in the U.K.’s FTSE 100 Index.