(Il Sole 24 Ore Radiocor) - Milano, 14 nov - European shares closed lower, extending yesterday's losses, as sentiment weakened with caution over tech stocks weighing on risk appetite.

Optimism following the end of the US government shutdown also faded, while expectations for further rate cuts lost momentum. Markets were additionally awaiting the resumption of key US macroeconomic releases.

On the data front, preliminary figures showed that eurozone GDP rose 0.2% quarter on quarter in the third quarter and 1.4% year on year, while the EU economy grew 0.3% on the quarter, according to Eurostat.

Separately, the eurozone posted a trade in goods surplus of 19.4 billion euros in September, up from 12.9 billion a year earlier, with exports rising 7.7% year on year and imports increasing 5.3%.

In Spain, consumer prices rose 0.7% month on month in October and were up 3.1% year on year.

The London FTSE 100 closed down 1.11% at 9,698.37 points, the Frankfurt DAX lost 0.62% at 23,893.20 points, the Paris CAC 40 fell 0.76% at 8,170.09 points, while in Milan the FTSE MIB dropped 1.70% at 43,994.69 points, and in Madrid the IBEX 35.

closed 1.49% lower at 16,335.56 points.

(RADIOCOR) 14-11-25 18:10:14 (0557) 5 NNNN