European stocks plunged on Friday, driven by pressure from technology, healthcare stocks and a bank float after the Fed revealed its new policy framework prioritising employment over inflation.
The Eurostoxx 600 index fell by 0.6%, while technology stocks fell 1.1% during the last session of the week, and the healthcare index fell 0.8%.
This comes after Fed Chairman Jerome Powell announced a new policy framework on Thursday evening that focused on boosting economic growth and put less of a priority on inflation.
Norwegian Airlines slid 8.6% after the low-cost carrier said it needed more money to weather the COVID-19 pandemic. The company reported a heavy loss in the first half of 2020.
