E.U. stocks down across the board, chip stocks lead the way
- 4 months ago
Following the arrest of Huawei’s CFO global chip stocks have taken a huge hit.
In Europe Austrian chipmaker AMS went down 7% while Swiss brand STMicroelectronics dropped 4%.
U.K. based Dialog Semiconductor also fell 3%.
Stocks were not spared either as the growing concern of the standoff between Washington and Beijing sent most of the bloc’s sectors and bourses in negative territory.
Source: Smart Trend Team