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European stocks turned in a mixed performance on Monday with investors awaiting more economic data, including U.S. personal income and spending report, for directional clues.

European stocks were flat to slightly higher on Wednesday as investors digested mixed earnings results and looked ahead to the release of more U.S. data this week for clues on when the Federal Reserve will begin cutting interest rates.

European stocks closed on a bright note on Tuesday with investors reacting positively to U.S. consumer price inflation data that raised optimism about the outlook for interest rates.

European stocks declined on Monday amid much uncertainty about the outlook for interest rates. After February U.S. payroll figures exceeded expectations, investors now look ahead to the release of key U.

European stocks traded slightly higher on Thursday after data showed Spanish inflation cooled sharply in February. Also, French inflation eased to its weakest level since September 2021, fueling debate on when the European Central Bank would cut interest rates.