BANGKOK — Markets in Europe and Asia were mostly lower on Wednesday after U.S. stocks pulled back from their records, dented by selling of technology and energy sector shares.
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BANGKOK — Markets in Europe and Asia were mostly lower on Wednesday after U.S. stocks pulled back from their records, dented by selling of technology and energy sector shares.
Britain’s FTSE 100 advanced 0.6% to 8,299.96 after the government reported that inflation in the U.K. fell to 1.7% in September, its lowest level in more than three years. That reinforced expectations that the Bank of England will cut interest rates at its next policy meeting.
In Paris, the CAC 40 lost 0.6% to 7,473.90, while Germany’s DAX slipped 0.4% to 19,414.56.
The future for the S&P 500 was flat, while that for the Dow Jones Industrial Average edged 0.1% lower.
In Asian trading, Tokyo’s Nikkei 225 index fell 1.8% to 39,180.30, leading the declines, as tech stocks fell after Dutch computer chip equipment supplier ASML warned of a slower recovery in demand for semiconductors outside of the AI boom.
Chip…