Oct 17 - European stocks were flat on Tuesday as a slew of downbeat earnings reports countered a boost from healthcare and energy shares amid a slight pullback in concerns about risks from the Middle East conflict.
Meanwhile, U.S. President Joe Biden is set to make a high stakes visit to Israel on Wednesday to show support for its war on Hamas. Healthcare shares offered some reprieve on Tuesday, up 0.4%, with Danish drugmaker Novo Nordisk rising 1.6%.UK's FTSE 100 rose 0.4% as the pound declined after data showing a slowdown in Britain's regular wage growth supported hopes of a pause in the Bank of England's tightening cycle.
Shares of Lonza sank 8.8% after the contract drugmaker cut its 2024 margin target again following the abrupt departure of its CEO last month.
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