European Shares Muted as Oil and Novartis Drive Trade
European shares ended little changed as rising oil prices and Middle East tensions fueled caution. Novartis suffered a record drop after drug trial failures.
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European shares closed little changed on Tuesday as rising oil prices and geopolitical tensions capped gains, while NOVARTIS AG-REG suffered a record drop. The pan-European STOXX 600 edged down 0.05% to 649.6 by Tuesday afternoon.
