European shares steady as tech weakness offsets US-Iran optimism
By Tharuniyaa Lakshmi, Purvi Agarwal and Avinash P July 27 (Reuters) - European shares ended little changed on Monday as losses in technology stocks, led by ASML, stifled a rally fuelled by easing U.S.-Iran tensions and a sharp drop in oil prices. The pan-European STOXX 600 index closed flat at 644.52 points after earlier touching its highest level since July 7. The technology index fell 1.7%, reversing earlier gains, as ASML dropped 8.4%.
By Tharuniyaa Lakshmi, Purvi Agarwal and Avinash P July 27 (Reuters) - European shares ended little changed on Monday as losses in technology stocks, led by ASML, stifled a rally fuelled by easing U.S.-Iran tensions and a sharp drop in oil prices. The pan-European STOXX 600 index closed flat at 644.52 points after earlier touching its highest level since July 7. The technology index fell 1.7%, reversing earlier gains, as ASML dropped 8.4%.
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