European shares will be looking to rebound Wednesday after a sharp nosedive late in Tuesday's session, with the tech sector plunging 3.8% as tech stocks around the world tumbled amid fears over high valuations and the reopening of economies, after tough coronavirus restrictions that heavily benefited tech.
Final composite and services PMI readings for April are due out of Italy, Germany, France and the wider euro zone on Wednesday morning, offering an insight into the state of the common currency bloc's economic recovery.It's another busy day for corporate earnings on Wednesday in Europe with
Oh, is that why?
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more: