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Global Market: European shares rise as lower oil prices lift sentiment; tech stocks slide

Economic Times 13 October 2026 at 02:10 pm 1 min read 1 views Read Original
Global Market: European shares rise as lower oil prices lift sentiment; tech stocks slide

European markets saw an uptick, driven by declining oil prices that buoyed sentiment across numerous sectors. However, the technology industry struggled with fears stemming from rising competition from Chinese firms, particularly ChangXin Memory Technologies, which raised alarms for traditional memory-chip players. Investors geared up for critical economic data from Germany, as they hope for clearer insights into the regional economy.

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