European shares closed largely flat as higher oil prices and renewed US-Iran tensions raised inflation concerns, offsetting stronger euro zone economic data. Energy stocks gained, while Novartis fell after its cholesterol drug failed a key study. Investors also raised bets on further ECB rate hikes, including a possible December move.
Read more at the source
Disclaimer: The content of this post is sourced from external sites and is for informational purposes only. All rights and credits belong to the original authors and publishers.