European Stocks Cautious
Both the STOXX 50 and STOXX 600 hovered near the flatline on Wednesday, taking a breather after two consecutive sessions of gains. Investors remained cautious as they evaluated ongoing trade negotiations and the US fiscal outlook, while awaiting Nvidia's earnings report later today for potential catalysts and updated guidance.
Reports suggest European leaders have asked major corporations and CEOs to outline their US investment plans in preparation for the talks with Washington.
On the data front, GDP growth for France was confirmed at 0.1% in Q1. Among the sectors, oil & gas, autos, and travel & leisure outperformed, whereas retail, basic resources, and technology registered the steepest losses.
Source: Trading Economi