From CNBC:

European stocks closed mixed, with the Stoxx 600 index up just 0.02%. Major bourses showed a mix of positivity and negativity, with Germany’s DAX up 0.14% and France’s CAC 40 down 0.5% due to a retreat in luxury stocks. Raiffeisen plunged 15.5% following reports of a U.S. probe into a Russia deal. Prudential’s shares fell 6.5% despite reporting a rise in 2023 full-year profits, while Investec rose 3.5% after strong earnings growth. US stocks opened flat as investors awaited the latest Federal Reserve policy decision. Luxury stocks fell on Gucci’s profit warning, with Kering down 14%. UK inflation slid to 3.4% in February, below expectations of 3.5%. A bunch of analysts recently hiked price targets for two Canadian stocks with over 65% upside, and UBS revealed its highest conviction global stock picks. European markets are set to open positively. Germany’s DAX is projected to be up 176 points at 18,188, France’s CAC down 70 points at 8,231, and Italy’s FTSE MIB up 262 points at 34,039. Earnings reports are expected from Next, London Gatwick Airport, Direct Line, BMW, and Swatch, with data releases including preliminary manufacturing and services activity data for March from the euro zone and new car registration data from the UK, France, Germany, and Italy for February.



Read more at CNBC: Fed decision, UK inflation and data