European shares edged higher on Wednesday as falling oil prices pushed bond yields lower, while investors looked ahead to Nvidia’s quarterly earnings and fresh U.S. inflation data for clues on the outlook for markets and interest rates.
The pan-European STOXX 600 index was up 0.1% at 657.34 as of 0703 GMT, with basic resources leading sectoral gains, rising 0.9%. The energy sector, however, declined 1.1% and was the weakest performer on the index.
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