European shares slip as oil lifts inflation worries; Novartis drags
European stocks edged lower as rising oil prices revived inflation worries and supply concerns tied to a prolonged Middle East conflict. The STOXX 600 fell 0.2% to 648.41. Novartis was under pressure after a second drug development setback.
European shares edged lower on Tuesday as rising oil prices fuelled inflation worries and supply concerns over a prolonged Middle East conflict, while Novartis came under pressure after reporting its second drug development setback.The pan-European STOXX 600 TVC:SXXP was down 0.2% at 648.41 points…