European Shares Deepen Declines as London's FTSE Drops 1%
European stock indices are trading lower, led by a 1% drop in the FTSE and ahead of earnings from Big Tech companies.
European stock indices continue to lose ground, with London's FTSE dropping 1%, newspaper Calcalist reported. The declines come as investors await financial results from major technology firms, according to network CNA.
The negative trading follows pressure exerted by banking giant HSBC's financial results on the continent's banking sector. According to the reports, markets remain watchful ahead of the upcoming earnings releases from Big Tech companies.
Further details regarding full market data and closing figures have not yet been released.