A recently released report has resulted in market volatility, causing a dip in the stocks of major technology and energy companies.
Following the report’s release, Microsoft’s shares experienced a decline of approximately 1%. Simultaneously, shares of energy providers supplying power to Microsoft’s data centers, including Constellation Energy and Vistra, saw more substantial drops of 5.9% and 5.1%, respectively. The tech-focused Nasdaq index mirrored this downward trend, closing the last trading session down 1.21%.
The market effects extended across the Atlantic to Europe. Shares of German firm Siemens Energy decreased by 7%, and the French company Schneider Electric followed suit, falling by 4%.
