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The Economic Times
The Economic Times
Business
Anupam Nagar

Global Market: European shares fall as global tech selloff, rate fears weigh on sentiment

European shares fell on Thursday as a global selloff in technology stocks and concerns over rising borrowing costs dampened investor sentiment, while corporate earnings offered some support, Reuters reported.

The pan-European STOXX 600 index declined 0.35% to 635.54 points by 0709 GMT, with technology stocks leading the losses as investors reassessed the outlook for interest rates following stronger-than-expected US inflation data.

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