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European shares tick higher, but U.K. stocks dip

August 29, 2018

European markets inched higher on Wednesday, tracking recent gains in U.S. markets that came on an apparent easing of trade-related tensions.

Where are the major benchmarks trading?

The Stoxx Europe 600 Index SXXP, -0.11% rose 0.3% to 386.69. Thus far this week, the pan-European index is up 0.8%, a gain that has pulled it closer to break-even territory for the year. Currently, it is down 0.6% for 2018.

The index is on track for its third gain in the past four sessions, and it is trading at its highest level since Aug. 10.

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