European shares hold ground as investors assess earnings; focus on Fed, tariff updates
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European shares were little changed on Tuesday as investors assessed a spate of corporate earnings and monitored potential tariff moves, while awaiting the U.S. Federal Reserve's monetary policy decision later this week. The pan-European STOXX 600 index was flat at 537.35 points as of 0711 GMT. Other regional indexes were mixed. Investors' attention is fixed on whether the Sino-U.S. trade tensions will ease after China last week said it was evaluating an offer from Washington to hold talks over tariffs. However, the lack of concrete details on any deals between the U.S. and its partners has kept investors on edge, especially as Trump announced a new slate of tariffs. Trump, on Sunday, announced a 100% tariff on movies produced outside the U.S. and a day later said he intends to announce pharmaceutical tariffs over the next two weeks. Live Events In that light, the U.S. Fed's policy announcement on Wednesday garners increas...