European markets down 2% after plunge in U.S. tech stocks and Asia markets; inflation in focus; THG up 12% after Softbank investment

www.cnbc.com
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European markets pulled back on Tuesday following a sell-off in U.S. tech stocks at the start of the week and as investors digest inflation data.
European markets dropped sharply on Tuesday following a sell-off in U.S. tech stocks at the start of the week and as global markets turn their focus on inflation data.

The pan-European Stoxx 600 fell 2.1% in early trade with travel and leisure stocks plunging 4.1% to lead losses, as all sectors and major bourses slid into negative territory. The tumble comes after negative trading sentiment in Asia-Pacific markets overnight following a sell-off in tech stocks on Monday that weighed down major U.S. indexes. Investors exited stocks like Apple and Microsoft,…
Elliot Smith
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