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The Economic Times
The Economic Times
Business

Global Market | European shares slip on Fed hike bets, tech drag

European shares fell at the open on Tuesday, as expectations for imminent interest rate hikes by the Federal Reserve and concerns around increased corporate spending on AI dented sentiment.

The pan-European STOXX 600 index fell 0.89% to 633.61 points by 0721 GMT, with most sectors trading in negative territory.

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