European Stocks Settle with Marginal Gains

European stocks showed a mostly positive performance on Wednesday, as the market anticipated the outcomes of the U.S. Federal Reserve meeting, as well as positive earnings reports by major listed companies.

The pan-European STOXX 600 closed nearly unchanged for the second consecutive session, rising marginally by less than 0.1%, as the banking sector surged by 1.5%, while the industrial sector declined by 0.7%.

In France, the benchmark index CAC40 rose by 0.53%, while the German DAX gained 0.28%.

In the UK, London’s main index FTSE100 finished the session higher by 0.27%.

The Spanish IBEX 35 increased by 0.49%, while the Italian FTSE MIB closed marginally lower by 0.06%.