Global tech stocks fall as chip sell-off deepens; mortgage rates rise amid renewed Middle East tensions – as it happened

Rolling coverage of the latest economic and financial newsEuropean stocks are still falling this morning, with the Stoxx Europe 50 – which tracks the biggest 50 companies on the continent – now down by about 1%.The biggest faller is the chip manufacturing equipment specialist ASML, down 4.6%. That is followed by German chip producer Infineon, also down by about 4.6%, and the tech investor Prosus, down 3.6%. Continue reading…