Tech stocks push Europe lower after Wall Street tumbles

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European stocks opened lower on Tuesday, hit by a drop overnight on Wall Street following a flare-up in U.S.-China tensions and new coronavirus ...

European stocks opened lower on Tuesday, hit by a drop overnight on Wall Street following a flare-up in U.S.-China tensions and new coronavirus restrictions.

The pan-European STOXX 600 index fell 1.3per cent by 0712 GMT, with technology stocks slumping 2.7per cent.U.S. tech majors lost momentum on Monday after California shut bars, banned restaurant dining and other businesses to contain a surge of coronavirus infections, raising fears it may slow a U.S. economic recovery.

 

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