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المشهد العربي
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2026-07-17T10:17:54.000Z

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Iranian official cites Serik war crimes

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National Assembly praises Southern Army rally participation

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European Stocks Decline Amid Wave of Selling in Technology Sector

European Stocks Decline Amid Wave of Selling in Technology Sector

European stocks declined on Friday, affected by a sharp sell-off in the global technology sector, leading to declines in major indices such as the Stoxx Europe 600 by 0.55%, the German DAX by 0.65%, and the French CAC 40 by the same percentage, while the UK’s FTSE 100 remained steady. Meanwhile, Volvo’s shares rose by 1.45% despite a 50% drop in its profits in the second quarter, with forecasts of stronger sales in the second half of 2026. Oil prices also fell significantly amid ongoing geopolitical tensions, and cryptocurrencies experienced a decline.

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