Investing.com - European stock markets traded in a lackluster fashion Wednesday, with investor confidence hit by the Middle East conflict as well as market volatility in China.The main European indices slipped lower, following on from losses in Asia overnight, particularly in China after Beijing policymakers failed to announce any more concrete stimulus measures after the return from a week-long holiday.
Before the Golden Week holiday, the Chinese government had rolled out a string of stimulus measures, including interest rate cuts. The conflict in Lebanon has escalated dramatically in recent weeks as Israel carried out a string of assassinations of top Hezbollah leaders and launched ground operations into southern Lebanon that expanded further this week.Exports rose by 1.3% in August compared with the previous month, data from the federal statistics office showed Wednesday, better than the forecast 1.0% decrease.
Rio would gain access to lithium mines, processing facilities and deposits across the world, to help supply a customer base that includes Tesla (NASDAQ:Oil prices rose Wednesday, recouping some of the prior session’s steep losses, although the indication of a large increase in U.S. inventories has limited gains.