European shares steady after three-day rally; focus on US inflation
European shares steadied after a three-day rally, with the STOXX 600 index up 0.1%. Investors are focused on a U.S. inflation report that could impact Federal Reserve policy. Basic resources led gains, while Swiss Re fell 5.3% after disappointing 2026 targets. Ocado rose 12.7% due to a $350 million payment from Kroger.
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