LIVE MARKETS-Tech sell-off spreads to Europe, Hargreaves Lansdown hit by Woodford

* European shares slide 0.4% * Asian shares fall on weak data * Hargreaves Lansdown down 6% on Woodford woes * Bang & Olufsen slumps 19% after warning Welcome to the home for real-time coverage of European equity markets brought to you by Reuters stocks reporters and anchored today by Thyagaraju Adinarayan. Reach him on Messenger to share your thoughts on market moves: rm://thyagaraju.adinarayan.thomsonreuters.com@reuters.net TECH SELL-OFF SPREADS TO EUROPE, HARGREAVES LANSDOWN HIT BY WOODFORD (0736 GMT) Tech is the biggest drag in Europe as a massive sell-off in Nasdaq 100 index overnight led by losses in Alphabet, Facebook and Amazon weighs. STOXX tech index is now down 10% from April peak. Hargreaves Lansdown slumps 6% and is the top faller on Britain's FTSE 100 index . The stock is hit after dealing in the Woodford Equity Income Fund, which is held in six of the Hargreaves Lansdown Multi-Manager funds, has been suspended. Neil Woodford, one of Britain's most high-profile fund managers, suspended trading in the fund after an increase in demand from clients to take their money back. British online grocer Ocado slides 3% and is second biggest faller on FTSE 100. The move comes as UK retail sales fell by an annual 2.7%, the biggest fall - excluding distortions caused by the timing of Easter - since the British Retail Consortium's records began in 1995. Danish luxury TV and stereo maker Bang & Olufsen slumps 19% to 4-year low after issuing its third profit warning in less third time in less than seven months. (Thyagaraju Adinarayan) ***** EUROPEAN STOCK FUTURES SLIDE; AO WORLD, BANG & OLUFSEN, SHELL IN FOCUS (0641 GMT) European stock futures slide 0.6 percent on Tuesday as worries over impact of trade tensions on global economy, Brexit's impact on UK retail and uncertain Italian politics take center stage. UK Retail sales sank by an annual 2.7%, the biggest fall - excluding distortions caused by the timing of Easter - since the British Retail Consortium's records began in 1995. More uncertainty in Italy as Prime Minister Giuseppe Conte threatened on Monday to resign, telling his two coalition partners to end their constant feuding or seek new elections. In corporate news, Denmark's Bang & Olufsen cut its profit outlook hurt by lower-than-expected sales in Europe. One trader expects shares of the luxury TV and stereo maker to fall 5-10%. European retail continues to be battered and results from Britain's AO World is the latest evidence as the seller of washing machines, fridges, cookers and televisions reported another loss hit by weakness in its continental Europe division. AO World seen 5-10% lower. Shell called 1-2% higher after the oil giant said it expects to increase its dividend payouts to shareholders once it completes a $25 billion share buyback by the end of 2020. Volkswagen said late on Monday that it would seek a dual listing of a minority stake in its Traton trucks unit on the Frankfurt and Nasdaq Stockholm exchanges, with an IPO planned for completion before the summer break. Key headlines: VW seeks dual listing for minority stake in Traton trucks unit VW CEO meets top U.S. trade official as Mexico tariffs loom - sources AstraZeneca searches for successor to Chairman Johansson - Sky News Kinnevik intends to divest majority of its shareholding in Millicom BRIEF-Bang & Olufsen Adjusts Outlook For The Financial Year 2018/19 Italian PM threatens to quit, tells coalition to end feud UK shoppers slash spending in May - BRC Shell eyes dividend boost after 2020 Britain's AO World earnings weighed down by Europe business Intu Properties appoints Robert Allen as CFO BRIEF-Italy's BPER looking into possible acquisition of Carige - MF (Thyagaraju Adinarayan) ***** EUROPEAN SHARES SEEN SLIGHTLY LOWER (0530 GMT) European stocks are expected to open slightly lower today taking their cues from Asian stocks overnight as escalating US-China trade tensions force investors to take shelter in safe-haven assets. Financial spreadbetters IG expect London's FTSE to open 22 points lower at 7,163, Frankfurt's DAX to open 43 points lower at 11,749, and Paris' CAC to open 27 points lower at 5,215. STOXX 600 managed to eke out gains on Monday in the final hour of trading helped by healthcare stocks. In the U.S., the tech-heavy Nasdaq 100 index fell 1.6% dragged down by Alphabet, Facebook and Amazon.com on fears the companies are the targets of U.S. government antitrust regulators. In European coporate news, Sky News reports that British drugmaker AstraZeneca is preparing to search for a successor to Chairman Leif Johansson. (Thyagaraju Adinarayan) ***** (Reporting by Danilo Masoni, Helen Reid, Josephine Mason and Thyagaraju Adinarayan)