European stocks struggled for direction on Wednesday as investors awaited corporate earnings from several U.S. and European companies for directional cues.
Mass layoffs by tech companies, signs of slowing global growth and weak growth outlook from prominent companies fueled fears of a possible recession.
The pan European STOXX 600 was down 0.1 percent at 452.76 after closing 0.2 percent lower on Tuesday.
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Business News
June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.