European shares edged higher on Wednesday, recovering some losses from the previous session, as investors awaited the U.S. Federal Reserve’s monetary policy decision later in the day.
اضافة اعلان
The Stoxx Europe 600 index rose 0.1% to 551.56 points by 07:10 GMT, after hitting a one-week low in Tuesday’s session.
Technology stocks led the sector gains, with SAP and Prosus climbing around 2% each.
U.S. Federal Reserve Meeting
Investors globally are focused on the outcome of the two-day Fed meeting, with widespread expectations of a 25 basis points rate cut to offset signs of a slowing U.S. labor market. Market attention will also be on Fed Chair Jerome Powell’s statements regarding the future direction of monetary policy.
Notable Movers
PostNL shares surged 7.5% following the announcement of a new strategy to split its current parcels division into e-commerce and platforms units, effective January 1, 2026.
Danish pharmaceutical company Novo Nordisk saw its stock rise 1.8% after brokerage firm Berenberg upgraded the stock from “hold” to “buy.”
European markets remain cautious ahead of the Fed decision, reflecting the ongoing sensitivity of global investors to U.S. monetary policy signals.
