{"id":33306,"date":"2020-08-28T14:43:34","date_gmt":"2020-08-28T10:43:34","guid":{"rendered":"https:\/\/noortrends.ae\/en\/?p=33306"},"modified":"2020-08-28T14:43:38","modified_gmt":"2020-08-28T10:43:38","slug":"european-shares-drop-on-lower-technology-and-healthcare-stocks","status":"publish","type":"post","link":"https:\/\/noortrends.ae\/en\/european-shares-drop-on-lower-technology-and-healthcare-stocks\/08\/28\/market-updates\/","title":{"rendered":"European Shares Drop on Lower Technology And Healthcare Stocks"},"content":{"rendered":"\n<p>European shares fell as investors sold off technology and healthcare and bought bank shares, after the Federal Reserve (US Central Bank) unveiled a new framework for its policy.<\/p>\n\n\n\n<p>The pan-European STOXX 600 index fell 0.6%. Technology stocks, which have risen nearly 11% since the start of the year, fell 1.1% and healthcare shares fell 0.8%.<\/p>\n\n\n\n<p>Shares of banks, which are affected by interest rates, rose 0.3%.<\/p>\n\n\n\n<p>Fed Chairman Jerome Powell announced a new policy framework for the bank on Thursday, which focuses on boosting economic growth and to a lesser extent on concerns about the possibility of inflation rising too much.<\/p>\n\n\n\n<p>Norwegian Airlines fell 8.6% after the low-cost airline said it still needed more cash in order to confront the Covid-19 pandemic, as the company announced a big loss in the first half of 2020.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>European shares fell as investors sold off technology and healthcare and bought bank shares, after the Federal Reserve (US Central Bank) unveiled a new framework for its policy. The pan-European STOXX 600 index fell 0.6%. Technology stocks, which have risen nearly 11% since the start of the year, fell 1.1% and healthcare shares fell 0.8%. &hellip;<\/p>\n","protected":false},"author":9,"featured_media":32785,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[39,36],"tags":[6911,6879,6851],"class_list":["post-33306","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-global-stock-markets","category-market-updates","tag-europe","tag-shares","tag-stocks"],"_links":{"self":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/33306","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/users\/9"}],"replies":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/comments?post=33306"}],"version-history":[{"count":1,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/33306\/revisions"}],"predecessor-version":[{"id":33307,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/33306\/revisions\/33307"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media\/32785"}],"wp:attachment":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media?parent=33306"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=33306"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=33306"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}