The European market turns into a weekly decline, and the fall of high-tech companies continues

London (UKX) -0.7%

UK retail sales in June fell 1.2% from the previous month, continuing the 2.9% increase in May.

Germany (DAX:IND) -0.8%

France (CAC: IND) -0.8

Spain's trade shortfall in May was reduced from 3.1 billion euros in the same month of the previous year to 2.3 billion euros.

The pan-European STOXX 600 (STOXX) fell -0.6% on Friday and became negative on a weekly basis. While concerns about US trade restrictions with China had an adverse effect on chip makers, the long-term decline in global technology stocks held back the wheel. When it comes to companies, investors are keeping a close eye on quarterly financial results. Travel and leisure stocks led the decline, while mining stocks fell in response to falling commodity prices.

In the backstage, Canadian retail sales are holding back

In the bond market, US 10-year bond yields rose 1 basis point to 4.20%.

German 10-year bond yields rose 2 basis points to 2.43 percent.

The UK's 10-year bond yield rose less than 1 basis point to 4.07%.