European shares open marginally lower on tech drag
shares opened slightly lower on Wednesday, mainly dragged by technology stocks, while investors focussed on a key U.S. inflation print due later in the day that could alter market expectations on the Federal Reserve's interest rate path.
The pan-European STOXX 600 slipped 0.1%, as of 0809 GMT, extending losses after a near 2% drop on Tuesday.
Heavyweight technology, down 0.9%, led losses among the major sub-sectors, while autos also slipped 0.9%.
On the other hand, energy stocks added 1.3%, while basic resources rose 0.5%.
Siemens Energy jumped 19% after the utility sector supplier raised its mid-term margin target and set a new record for its order book.
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