European shares fall on tech rout, Fed policy jitters
European shares tumbled on Friday and were set for their sharpest weekly drop since late March as global worries over overvalued tech stocks and hawkish U.S. monetary policy kept investors cautions. The pan-European STOXX 600 dropped 1% to 558.19 points by 0815 GMT, the lowest since early October. Major regional bourses fell, with Germany’s benchmark…