European markets close mixed; tech stocks rise on Apple report
European markets closed mixed Tuesday afternoon as investors digested data out of the euro zone and China, and monitored developments from Apple.
The pan-European Stoxx 600 index closed 0.38% lower, despite a positive open, with most sectors trading in the red.
Looking at individual stocks, European chipmakers got a boost from a report that Apple plans to make 75 million 5G iPhones ahead of their launch later this year. Apple suppliers Dialog Semiconductor, Infineon, STMicro and ASML all rose more than 1%. The wider sector was up by 1.2% by the close.
Reference: CNBC