8/8/2024, 1:12:03 pm

Tech stocks weigh on European shares

European shares opened 0.7% lower, weighed down by tech stocks, despite upbeat corporate updates, as copper prices fell due to higher inventories and a pessimistic global growth outlook, while Allianz and Deutsche Telekom rose after posting strong quarterly results. European shares opened 0.7% lower, weighed down by tech stocks, despite upbeat corporate updates.