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An escalation in tensions in the Middle East following a missile attack on a Gaza hospital hurt sentiment and pushed several markets in Europe to multi-month lows on Wednesday.
European stocks were little changed in cautious trade on Tuesday, with prospects of escalation in the Middle East conflict and downbeat quarterly results from the likes of Ericsson and Lonza keeping weighing on sentiment.
European stocks turned in a mixed performance on Tuesday as data showing a bigger than expected increase in U.S. retail sales in the month of September raised concerns that the Federal Reserve will keep interest rates higher for longer.
European stocks closed modestly higher on Monday, despite seeing some weakness during the course of the session, as investors stayed largely cautious amid lingering concerns about the tensions in the Middle East, and worries about interest rates and inflation.
European stocks edged lower on Friday as stronger-than-expected U.S. inflation data revived Fed rate hike bets and new data from China pointed to persistent deflationary pressures in the world's second-largest economy.