European stocks dropped Monday, fronted by losses in technology shares, while investors held back from buying U.K. stocks while the British government tried to sort out how it will move forward with a hung parliament.
The Stoxx Europe 600 SXXP, -1.00% fell 1% to 386.44, with only the oil and gas sector showing a gain. Tech, consumer goods and industrial shares were losing the most.
The Stoxx 600 Technology Index FX8, +0.25% slid 3% after a selloff in the tech sector abruptly kicked off Friday on Wall Street and spilled over Monday into the Asian and European…
View original post 393 more words