European stocks hit by ripple effects from Apple

miércoles 22 de julio de 2015 12:29 GYT
 

* FTSE 300 down 0.6 pct

* Technology shares hit by Apple disappointment

* Weak metals prices slam mining sector

* C.Suisse shares fall after report on possible M&A

* EasyJet, Danske Bank gain (Updates with closing prices)

By Liisa Tuhkanen

LONDON, July 22 (Reuters) - European shares dropped on Wednesday, dragged down by tech stocks after Apple Inc's revenue forecast fell short of estimates, as the quarterly earnings season gathered pace in Europe and on Wall Street.

The FTSEurofirst 300 index of top pan-European shares closed down 0.6 percent at 1,586.46 points. It fell 1.1 percent in the previous session.

The STOXX Europe 600 Technology index shed 1.7 percent, with chip designer ARM Holdings among those falling the most. ARM fell 6.6 percent after the results from Apple, a major customer, despite posting a 32 percent rise in second-quarter profit.   Continuación...