European Stocks In Worst Run Since 2018 as Tech Stocks Slide
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European stocks were dragged down by tech stocks, with the region’s benchmark posting its longest losing streak since February 2018.
The Stoxx Europe 600 Index fell 0.1% by the close in London, dropping for a seventh day. ASML Holding NV was the biggest drag on the index as the tech sector was hit by news that China was looking to expand a ban on the use of Apple’s iPhones to government-backed agencies and state companies.