LONDON (Reuters) -Shares in large-cap U.S. technology companies were steady in Frankfurt trading on Monday after U.S. President Donald Trump introduced new visa fees as part of his crackdown on immigration.

The Trump administration said on Friday it would ask companies to pay $100,000 per year for H-1B working visas, prompting some big tech companies and banks to warn employees to stay in the U.S. or quickly return.

Companies including Microsoft, Amazon, Alphabet and Goldman Sachs were among those that sent urgent emails to their employees with travel advisories.

Shares of the so-called Magnificent 7 group of largest companies by market capitalisation, which includes Apple, Nvidia, Microsoft, Alphabet, Amazon, Meta Platforms and Tesla, were trading down 0.2% to up 1.1% in Frankfurt.

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