12 March 2001, 09:52 European stocks drop on Intel, tech woes
London, March 9 - (BridgeNews) - European equity markets failed to
build on this week's modest rebound and most major markets closed sharply
lower. A weak opening on Wall Street and a profits warning from U.S. chip
giant Intel weighed heavily on markets and dragged technology stocks
lower. At 1643 GMT, the FTSE Eurotop 100 Index was down 40 points, or
1.2%, at 3227.
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