European markets closed on Thursday with a mixed tone, as investors weighed corporate earnings, bond yield movements and fresh geopolitical headlines ahead of the US session.
The pan-European Stoxx 600 finished marginally lower, trimming earlier gains as defensive sectors outperformed cyclical names. In Frankfurt, the DAX edged down amid profit-taking in industrial stocks, while London’s FTSE 100 was broadly flat, supported by energy and mining counters. In Paris, the CAC 40 slipped slightly as luxury shares consolidated recent advances.
Bond markets remained a key driver, with German Bund yields stabilising after recent volatility. Currency markets saw the euro trade in a narrow range against the dollar, reflecting cautious positioning before US macro data.
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