European shares slide as Brent nears $100 amid Mideast inflation worries
European shares edged lower ahead of U.S. inflation data. The pan-European STOXX 600 was down 0.4% at 646.84 as Brent climbed toward the $100-per-barrel level, stoking inflation concerns and weighing risk appetite.
European shares edged lower on Wednesday ahead of U.S. inflation data, with Brent crude rising to the cusp of the key $100-per-barrel level as renewed tensions in the Middle East stoked inflation worries and dampened risk appetite. The pan-European STOXX 600 TVC:SXXP was down 0.4% at 646.84 points, as o…