Tech Leads Slide in European Stocks on Global Economy Jitters

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European stocks fell as worries about the health of the global economy dented sentiment ahead of key US jobs data later in the week. Technology shares tumbled, tracking an overnight slide in Nvidia Corp.

The Stoxx Europe 600 Index was down 1% by the close in London, a day after dropping by the most in almost a month. After underwhelming figures on US manufacturing in the previous session, data Wednesday showed China’s services activity expanded less than expected, while US job openings fell in July to the lowest since the start of 2021.