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via finance.yahoo.comMarkets

European shares stutter as bank earnings fail to offset pre-Fed jitters

FROM THE WIRE · FINANCE.YAHOO.COM

Invesitng.com - European shares struggled for direction on Wednesday, as caution ahead of the Federal Reserve's decision and pivotal earnings from U.S. technology hyperscalers overshadowed a wave of forecast-beating quarterly reports from major European banks. Still guessing…

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MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: neutralInvestors remain cautious ahead of the Fed rate decision and earnings from major U.S. tech companies.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01The STOXX 600 hovered near the flatline, last down 0.1%.
  2. 02The DAX and FTSE MIB were flat, while the FTSE 100 fell 0.2% and the IBEX 35 dropped 1%.
  3. 03Several major European banks reported forecast-beating quarterly results.
NEWS IMPACT AND MARKET REACTIONChange from the reference price
STOXX Europe 600INDEX:STOXX600Index642.39+0.01%today -0.20%Neutral DAXINDEX:DAXIndex25,572.00+0.07%today -0.14%Neutral FTSE MIBINDEX:FTSEMIBIndex49,525.53+0.06%today -0.21%Neutral
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets

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