European stocks close mostly higher as traders await Powell testimony
European stocks closed slightly higher Tuesday as investors assessed the outlook on inflation and interest rates.
The pan-European Stoxx 600 ended the session up by nearly 0.3%, having fluctuated between gains and losses earlier in the day. Most sectors and major bourses were in positive territory, with basic resources shares climbing 1.3% to lead gains.
Stateside, stocks the major U.S. indexes were mostly positive Tuesday, after a bumper start to the week.
Reference: CNBC
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