European stocks were little changed as ongoing diplomatic efforts, including Joe Biden’s visit to Israel this week, helped tentatively calm down investors’ nerves.
The Stoxx Europe 600 was up 0.1% at 8:16 a.m. in London, with gains in utilities and consumer products sectors offsetting losses in telecom and mining sectors. Lonza Group shares slumped after the Swiss life-sciences company’s outlook for 2024 profit margins fell short of expectations.
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