European stocks edged higher, with the STOXX 50 rising 0.2% and the STOXX 600 up 0.4%, recovering from earlier declines. Mining stocks led gains, rising 1.5%, while retail stocks trimmed losses to end 0.8% lower.
Bavarian Nordic shares jumped 4.8% after announcing a DKK 150 million ($20.7 million) share buyback. Meanwhile, Danish shipping giant Moller-Maersk dropped 5.8% following a tentative US dockworkers' labor deal that eased strike fears, triggering a sell-off in shipping stocks.
Stabilizing US Treasury yields and European borrowing costs brought some relief to markets, but concerns about inflation and Trump's proposed trade tariffs persisted. Investors also assessed Fed minutes highlighting inflation risks and signaling a slower pace of rate cuts ahead.
Source : Trading Economics
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