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March 11 Reuters European shares moved lower on Monday, hurt by a selloff in technology and resource stocks, and cautious trading ahead of a key U.S. inflation report due this week.

The panEuropean STOXX 600 was down 0.5 by 941 GMT, and on track for its biggest oneday percentage drop in a month if losses held.

Technology index dropped 1.7, leading sectoral declines, following a 7.9 decline in BE Semiconductor Industries39; shares.

The chipmaking parts supplier tumbled to the bottom of STOXX 600 on worries over potential delays in hybrid bonding adoption.

The basic resources index followed with a 1.6 slip as resources are some of the most sensitive assets to the dollar and bond yields and we39;re seeing a bit of natural profit taking ahead of U.S. inflation data, said Ben Laidler, global markets strategist at eToro.

Investors awaited Tuesday39;s U.S. February inflation data that would dominate market action, along with figures on euro zone January industrial production, due later in the week, for fresh clues on the timing of interest rate cuts.

The strong U.S. jobs report on Friday added to the feeling that the inflation number tomorrow is going to be a little bit hot and that39;s another reason why European assets sort of backed off a little this morning…