Live Markets: A fall not a tumble

Lagercrantz AB

17/07/2026 09:15

Adds blog post
STOXX 600 down 0.46% 
Tech tumbles, caught up in global semi selloff 
U.S. futures fall, Nasdaq 100 futures down 1.9% 
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A FALL NOT A TUMBLE
Europe's STOXX 600 .STOXX is down, but unlike some indexes in Asia overnight that were hit hard by a rout in chipmakers, its decline of 0.26% seems relatively contained for now. 
That holds true for other indices across the region, with the DAX .GDAXI and CAC .FCHI both down around 0.4%. The FTSE .FTSE meanwhile is even eking out some gains, rising 0.46%.
Looking at sectors, European tech shares are leading declines, down around 2.5%. European semiconductor shares pulled back, with shares in Dutch chipmaking equipment giant ASML ASML.AS down 4.1% and Aixtron AIXGn.DE falling over 6%. 
Utilities stocks .SX6P are meanwhile the biggest gainers, up close to 1.7%. 
In single stock moves, Norwegian recycling technology company Tomra Systems TOM.OL is up almost 16% after both its adjusted EBITA and revenue for the second quarter came in above expectations.
Elsewhere, shares in Swedish tech company Lagercrantz Group LAGRb.ST tumbled 14% after reporting a mixed set of quarterly earnings - while the company posted a beat on revenue, it missed analyst expectations for EBITA. 
(Sophie Kiderlin)
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EARLIER ON LIVE MARKETS:
EUROPE BEFORE THE BELL: POTENTIAL FOR A SHARP-ISH DROP CLICK HERE
CHIPPED AWAY CLICK HERE