Stocks in Europe were little changed on Tuesday, with the STOXX 50 hovering around the flatline and the STOXX 600 slipping 0.2% after modest gains in the previous session.
Investors are awaiting the release of Eurozone inflation data later today for fresh clues on how tariffs are influencing prices and what this could mean for the ECB's monetary policy outlook. Inflation is expected to hold steady at 2% in August.
The central bank is widely anticipated to keep interest rates unchanged next week before resuming cuts in the autumn. On the corporate front, Nestlé shares dropped 2.7% following the dismissal of its CEO.
ASML Holding (-1.2%) and Siemens (-0.8%) also traded lower. In contrast, LVMH rose 2.7% and Schneider Electric gained 2.6% after Deutsche Bank upgraded the company's stock to "buy" from "hold."
Source: Trading Economics
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