Europe Stocks Wobble Ahead Of German ZEW Data

European stock markets wobbled in early action on Tuesday, with investors awaiting the latest gauge of German investor confidence, the ZEW economic sentiment indicator, to outline if the euro zone’s largest economy is making progress.

The Stoxx Europe 600 index was marginally lower at 304.39.

Shares of Severn Trent PLC soared 18%, after the water-utility firm said it has received a bid approach. Deutsche Post AG gained 3.5%, after a well-received earnings report.

Among country-specific indexes, the U.K.’s FTSE 100 index added 0.1% to 6,635.20, while Germany’s DAX 30 index slipped 0.1% to 8,271.05. France’s CAC 40 index fell 0.1% to 3,939.61.

Marketwatch