Tech Stocks Fall Amid Optimistic Investor Sentiment

This report is from today's CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Like what you see? You can subscribe. Tech stocks fell 6.36%, while telecoms stocks rose 1.97%. Separately, euro zone industrial production increased 1.8% between July and August, according toon a downbeat earnings report.

Still, investors are the most bullish in four years, according to the October BofA Global Fund Manager Survey. They're also optimistic about the economy: 74% investors believe the U.S. will avoid a recession.

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