LIVE MARKETS-STOXX dips
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STOXX DIPS
European shares traded with no clear direction on Wednesday as investors braced for another potential Fed rate cut in its last meeting of 2025, while uncertainty remained about the central bank’s future policy path.
The region-wide STOXX 600 .STOXX was briefly positive in early trading before turning a touch lower. The index was last down 0.1%. Moves in country benchmarks and sectoral indices were also modest.
Defence .SXPARO eased after recent gains, while a bullish update from GE Vernova GEV.N boosted the likes of Siemens Energy ENR1n.DE and Nordex NDXG.DE. French biotech company Abivax ABVX.PA was a standout performer, up 19% on speculation about potential takeover interest from Eli Lilly.
In London, the FTSE 100 .FTSE edged up, helped by gains in commodity stocks.
Here is your opening snapshot:
(Danilo Masoni)
EARLIER ON LIVE MARKETS:
BEFORE THE BELL: EUROPE DIPS ON FED DAY; DELIVERY HERO SHINES CLICK HERE
ONE LAST HURDLE REMAINS FOR THE YEAR CLICK HERE
G10 interest rates on Dec. 19, 2024 https://reut.rs/4gIb8MF
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