European shares steady amid banking deals
European shares opened flat as investors evaluated the outlook for artificial intelligence and focused on banking sector dealmaking. Banco BPM surged following a merger proposal from Credit Agricole, while UniCredit posted strong earnings.
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Xurve View
European shares held steady on Monday morning as investors weighed global artificial intelligence trade risks, while banking M&A activity drew heavy focus. The pan-European STOXX 600 index stood flat at 648.88 points during the morning session. The quiet start follows sector divergence, with mining shares leading gains by rising 1.4% on higher precious metal prices.
