GLOBAL MARKETS-Lockdown in global tech hub hits stocks – ZAWYA

GLOBAL MARKETS-Lockdown in global tech hub hits stocks – ZAWYA

GLOBAL MARKETS-Lockdown in global tech hub hits stocks | ZAWYA MENA Edition HomeMarketsEquitiesArticleGLOBAL MARKETS-Lockdown in global tech hub hits stocks European tech stocks follow U.S. peers lower    Traders wearing masks work, on the first day of in person trading since the closure during the outbreak of the coronavirus disease (COVID-19) on the floor at the New York Stock Exchange (NYSE) in New York, U.S., May 26, 2020. =LONDON/SINGAPORE- Global stocks slipped on Tuesday, oil fell and a safety bid supported the dollar as simmering Sino-U.S. tensions and new coronavirus restrictions in California kept a lid on optimism as earnings season got underway.MSCI's All-Country World Index edged down 0.4% after touching a 20-week high on Monday. The pan-European STOXX 600 was 1.3% lower and was heading for its worst day in 14 sessions after technology stocks dropped 3.4%. This followed a slump on Monday in the tech-heavy Nasdaq .MSCI's broadest index of Asia-Pacific shares outside Japan fell 1%. Chinese stocks were down despite better-than-expected trade numbers. The U.S. dollar gained.MSCI's All-Country World Index edged down 0.4% after touching a 20-week high on Monday. The pan-European STOXX 600 was 1.3% lower and was heading for its worst day in 14 sessions