Business · Markets · 8 hrs ago

European markets close mixed as investors watch for Fed signals

European markets close mixed as investors watch for Fed signals

European stock markets ended the week with mixed results as investors looked ahead to the Federal Reserve's next moves.

London gained 0.3%, while Milan and Paris each rose 0.1%; Frankfurt fell 0.2%.

Fincantieri shares dropped 4.2% in Milan after the company released its results the day before.

Unipol and Generali also fell after reporting quarterly results, while Eni and several other major shares rose.

The spread between Italian and German 10-year government bonds narrowed to 104 basis points, from 105 at the start of the session, and Italy's bond yield was little changed at 4.41%.

Investors are now watching for signals from the Federal Reserve, while no clear direction emerged for European shares.

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