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The Economic Times
The Economic Times
Anupam Nagar

Global Market: European stocks trade flat as tech selloff offsets earnings boost from consumer, luxury firms

European stock markets were largely unchanged on Tuesday as continued weakness in technology shares offset strong corporate earnings from consumer goods, luxury and automotive companies, Reuters reported. Lower oil prices also helped cushion broader market losses, keeping investor sentiment relatively stable ahead of a packed week of earnings and central bank announcements.

The pan-European STOXX 600 index was little changed at 645.32 by 0703 GMT, reflecting cautious trading as investors awaited key developments, including the U.S. Federal Reserve's policy decision and earnings from major U.S. technology companies.

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