(Reuters) – European shares fell for a fourth straight session on Tuesday due to losses in British blue chips and weak euro zone inflation data, while the technology sector outperformed on gains in major Apple suppliers.
Apple (AAPL.O) suppliers in the region rose after the iPhone maker was reported to have asked suppliers to make at least 75 million 5G phones for later this year, propping up the technology index .SX8P.
STMicroelectronics (STM.PA), Dialog Semiconductor (DLGS.DE), Infineon Technologies (IFXGn.DE) and ASML (ASML.AS) were up between 1% and 4%. Read more…..
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Icarus TV
Nobel laureate Esther Duflo talks globalization, child care and who she thinks is to blame for the economic fallout facing everyday Americans. She thinks the U.S. should not be concerned about national debt, growth rate or the end of cities. Instead she thinks the U.S. should focus on economic mobility and offering more stimulus spending. Watch the video see why she thinks welfare is the most important metric in considering U.S. policy response to the coronavirus pandemic and the recession.
