Tech stocks drag European shares from multi-year highs

miércoles 25 de marzo de 2015 12:27 GYT
 

(Updates prices, adds analyst comment and detail)

* Tech stocks fall, tracking weakness in U.S. peers

* FTSEurofirst 300 hovers below 7-1/2 year high

* Steel producers rally after EU says to impose duties

* Rebound in euro weighs on DAX

By Sudip Kar-Gupta

LONDON, March 25 (Reuters) - European shares retreated further from 7-1/2-year highs hit last week, led lower by weaker technology stocks that slid on the back of a sell-off in their U.S. peers.

The STOXX Europe 600 Technology Index fell 2.9 percent, with traders citing concerns over weak computer sales weighing on the U.S technology sector.

British chipmaker ARM fell 5.9 percent while Dutch semiconductor company ASML declined by 5.2 percent.   Continuación...