European stock markets struggled for direction in early action on Wednesday after posting sharp losses in the prior day’s action and with investors looking ahead to industrial-production data for the euro zone.
Also of interest, Germany’s constitutional court is scheduled to continue its two-day hearing on the legality of the European Central Bank’s bond-buying program. The Stoxx Europe 600 index was slightly lower at 291.68 after a 1.2% drop on Tuesday.
Shares of Volkswagen AG slid 2.7% after the car maker recalled almost 26,000 vehicles in Australia. Daily Mail & General Trust PLC dropped 1.5% after Barclays cut the firm to underweight from equal weight. Among country-specific indexes, the U.K.’s FTSE 100 index dropped 0.3% to 6,321.75, while France’s CAC 40 index added 0.2% to 3,818.98. Germany’s DAX 30 index lost 0.2% to 8,210.44.
Source : Marketwatch