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FinanceTech selloff drags European shares lower ahead of ECB meeting next week
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European shares edged lower on Friday, July 17, 2026, as a global rout in technology stocks weighed on markets. The Stoxx 600 index fell 0.34 percent to 641.53 points, though it remained largely unchanged for the week. The selloff comes ahead of a European Central Bank (ECB) meeting scheduled for the following week, with investors closely watching for policy signals. The decline was driven by weakness in the tech sector, mirroring losses in global markets. The article, published by The Business Times Singapore, highlights the cautious sentiment among traders as they await the ECB's decision.
Source report
The Stoxx 600 index was largely unchanged for the week
Published: Sat, Jul 18, 2026 · 08:00 AM
A global rout in tech stocks dragged Europe's equity benchmark slightly lower on Friday (Jul 17), leaving investors on edge ahead of the European Central Bank's policy meeting next week.
- The Stoxx 600 index fell 0.34 per cent to 641.53 points on Friday.
Photo: REUTERS
Source
The Business TimesRegional
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