MILAN (Reuters) - European shares fell to their lowest level in more than 20 months on Thursday following a rout on Wall Street as jitters over rising U.S. Treasury yields sparked a broad selloff of risky assets.
All sectors in Europe were trading in the red, with tech stocks bearing the brunt of the selling pressure after the big U.S. technology stocks that have been the driving force behind a multi-year bull market posted heavy losses overnight.
Europe's tech index <.SX8P> fell 2.4 percent, even though Ingenico
By 0712 GMT, the broader pan-European STOXX 600 <.STOXX> index fell 1.4 percent to its lowest level since end January 2017. All big country benchmarks across Europe were down more than 1 percent. Defensive sectors such as healthcare were also lower, but outperformed the broader market.
Top faller on the STOXX was UK recruiter Hays
(Reporting by Danilo Masoni; Editing by Gareth Jones)