U.S. Markets closed
  • S&P 500

    3,638.35
    +8.70 (+0.24%)
     
  • Dow 30

    29,910.37
    +37.90 (+0.13%)
     
  • Nasdaq

    12,205.85
    +111.44 (+0.92%)
     
  • Russell 2000

    1,855.27
    +10.25 (+0.56%)
     
  • Crude Oil

    45.53
    -0.18 (-0.39%)
     
  • Gold

    1,788.10
    -23.10 (-1.28%)
     
  • Silver

    22.55
    -0.81 (-3.46%)
     
  • EUR/USD

    1.1970
    +0.0057 (+0.4788%)
     
  • 10-Yr Bond

    0.8420
    -0.0360 (-4.10%)
     
  • Vix

    20.84
    -0.41 (-1.93%)
     
  • GBP/USD

    1.3314
    -0.0042 (-0.3169%)
     
  • USD/JPY

    104.0500
    -0.2000 (-0.1918%)
     
  • BTC-USD

    17,018.68
    -62.52 (-0.37%)
     
  • CMC Crypto 200

    333.27
    -4.23 (-1.25%)
     
  • FTSE 100

    6,367.58
    +4.65 (+0.07%)
     
  • Nikkei 225

    26,644.71
    +107.40 (+0.40%)
     

European stocks head for sharp weekly decline, Apple suppliers drop

·1 min read

(For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window)

Oct 30 (Reuters) - European stocks opened lower on Friday, putting them on track for their sharpest weekly decline since a brutal selloff in March, as a new round of coronavirus lockdowns weighed on economic growth expectations.

An underwhelming response to Wall Street's big tech earnings overnight also hit sentiment, with Europe's tech sector down 0.8%.

Apple suppliers AMS, Dialog Semiconductor and Infineon Technologies fell between 0.6% and 1.6% after the late launch of new 5G iPhones caused customers to put off buying new devices.

Air France-KLM fell 4.0% after it unveiled a 1.05 billion-euro ($1.24 billion) quarterly operating loss and warned of worse to come as a resurgent coronavirus brings new travel curbs.

Among gainers, French construction materials group Saint-Gobain rose 3.9% after improved full-year earnings forecast.

The pan-European STOXX 600 index fell 0.6% by 0814 GMT, on course for a more than 6% weekly loss in what could be its worst such decline since an 18% plunge in mid-March. (Reporting by Sruthi Shankar in Bengaluru; Editing by Sriraj Kalluvila)