EUROPEAN MIDDAY BRIEFING: Stocks Steady as Eurozone Inflation Hits 10-Year High morningstar.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from morningstar.com Daily Mail and Mail on Sunday newspapers.
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(Reuters) - European stocks closed flat on Tuesday, with economically sensitive sectors including banks, automakers and oil supporting markets across the continent.
FILE PHOTO: The German share price index DAX graph is pictured at the stock exchange in Frankfurt, Germany, January 11, 2021. REUTERS/Staff
The regional STOXX 600 index closed up 0.05% after a mixed session, while Germany’s DAX rose 0.1%, France’s CAC inched 0.2% lower and Britain’s FTSE 100 fell 0.7%.
Investors are awaiting the start of the U.S. earnings season this week as well as clarity on fiscal spending plans under incoming U.S. President Joe Biden, who takes office on Jan. 20.