European stocks edged slightly higher after Monday’s drop, with investors wary of making bets ahead of this week’s central bank meetings. Brent oil’s rally to $95 triggered worries about inflation spiking again, but boosted the energy sector.
The Stoxx 600 Index rose 0.2% as of 11:07 a.m. in London. Automakers and real estate stocks led gains while the consumer products and services sector lagged. Energy shares also outperformed as benchmark Brent surpassed $95 per barrel for the first time since November.
Fidelity European Trust PLC (LON:FEV) aims to be the cornerstone long-term investment of choice for those seeking European exposure across market cycles.