Gains in European indexes follow a pause in tech sector declines, with Nvidia and Treasury buyback plans driving investor focus.
European equities edged higher as a selloff in technology shares eased, with London’s FTSE 100 up 0.17% and Germany’s DAX rising 0.39%. France’s CAC 40 gained 0.26%, while Germany reported 1% year-over-year GDP growth in Q2, signaling modest economic expansion.
France’s consumer confidence held steady at 86 in August, matching July’s reading. Poland’s unemployment rate remained at 5.8%, reflecting stable labor market conditions. Investors also monitored Nvidia’s stock movement and U.S. Treasury buyback programs, which could influence liquidity and risk sentiment.
Market reaction was muted, with attention shifting to upcoming economic data and corporate earnings reports for further direction.