European markets opened slightly higher on Wednesday as traders assessed the region's economic outlook. The pan-European Stoxx 600 index opened 0.1% higher with most sectors in positive territory, with financial services stocks up nearly 1%. The worst-performing sector was autos.
Traders will be watching data on European consumer confidence and economic sentiment. On the earnings front, Shell will release its fourth-quarter update.
European markets closed higher on Tuesday as investors in the region digested the latest inflation data showing euro zone consumer prices rose to 2.4% in December, up from 2.2% in November.
The reading — which was in line with expectations, according to a Reuters poll of economists — was lifted by higher service costs and rising energy prices.(AL)
Source: CNBC
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