Live Markets: STOXX dips even with tech boost

Salesforce

27/08/2026 08:44

Adds new blog entry
STOXX down 0.2%
Tech gets Nvidia, Salesforce boost
Oil falls for fourth day
Nasdaq futures jump
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STOXX DIPS EVEN WITH TECH BOOST
A more than 1% jump in Europe's technology sector is not enough to keep the STOXX 600 from falling into the red in early trade, as attention turns towards Fed Chair Warsh's speech at Jackson Hole. 
Tech stocks .SX8P are up 1.3% in Europe, with the hardware segment given a boost by an upbeat forecast from Nvidia NVDA.O, and software side helped by strong results from Salesforce CRM.N. 
But tech remains the only sector in the green in Europe, meaning the STOXX 600 is a touch softer. 
The pan-European benchmark is down about 0.2%. Breadth is negative, with about two-thirds of companies declining.
Food & beverages .SX3P, chemicals .SX4P and healthcare .SXDP are the biggest laggards.
Eyes are now turning to Warsh's speech tomorrow at Jackson Hole after inflation data on Wednesday came in a touch stronger than expected, prompting investors to slightly up their bets on a rate hike next month.  
Here's your opening snapshot: 
(Samuel Indyk)
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EARLIER ON LIVE MARKETS:
EUROPE BEFORE THE BELL: NVIDIA RELIEF CLICK HERE
JENSEN TO MARKET: WE'RE SO BACK CLICK HERE