From Investing.com: 2024-11-13 04:32:41

European shares fluctuated on Wednesday, with energy stocks rising and tech stocks falling. Investors are awaiting a U.S. inflation report that could impact Fed interest rate decisions. Markets react to Trump’s policies, with tariff concerns affecting global growth and inflation. ECB minutes and company updates, like Siemens and RWE, also impact trading.

Energy and basic resources stocks rose, while technology and autos declined. The U.S. October inflation reading is expected to show a year-on-year increase. Market expectations on Fed interest rate cuts have shifted due to Trump’s policies. European shares face pressure over tariff concerns post-Trump’s victory. ECB minutes and economic impact assessments are awaited.

Individual movers include Siemens Energy and RWE, with both companies experiencing stock price gains. Just Eat Takeaway sees a significant increase after selling its U.S. unit. Air Liquide also gains after a positive upgrade from Jefferies. Markets are influenced by company news and global economic developments.



Read more at Investing.com: European shares rangebound as energy gains offset tech losses By Reuters