The pan-European STOXX 600 index fell 0.6% by 0723 GMT. Technology stocks .SX8P, which have surged about 11% this year, were down 1.1%, and healthcare index .SXDP slipped 0.8%.Fed Chairman Jerome Powell announced a new policy framework on Thursday, which focuses more on boosting economic growth and less on worries that inflation could be running too high.
Norwegian Air NORR.OL slumped 8.6% after the budget carrier said it still needs more cash in order to weather the COVID-19 pandemic as it reported a deep loss for the first half of 2020.
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