By Shristi Achar A, Pranav Kashyap and Shashwat Chauhan
(Reuters) -European shares closed lower for a third straight day on Wednesday, with chip stocks sliding as investors remained wary of potential U.S.- China trade tensions, with focus now shifting to the European Central Bank’s upcoming rate decision.
The pan-European index closed 0.5% lower, touching one-week lows with the technology sub-index falling 4.5%, the biggest single-day drop since December 2022.
Shares of Dutch firm ASML (AS:), the biggest supplier of computer chip-making equipment in the world, shed almost 11%, its…