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

The Times of India·October 15, 2026·1 min read
Global Market: European shares fall as global tech selloff, rate fears weigh on sentiment

AI Summary

European shares declined 0.35% as measured by the STOXX 600 index, driven by a global technology sector selloff and concerns over rising borrowing costs. The downturn followed strong US inflation data that prompted investors to reassess their positions amid fears of prolonged high interest rates.

From the source

European shares faced a decline as technology stocks led the losses amid global selloffs and rising borrowing costs. The pan-European STOXX 600 index reported a 0.35% drop, reflecting investor sentiment adjustments after strong US inflation data. Companies in…

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View original at The Times of India

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