European Markets Flat After Early Gains: 03 Feb 2026

[Para 1: The Lead] European stock markets settled flat on Wednesday, February 03, 2026, after initially posting gains. The Stoxx 600 index, a broad measure of European stocks, closed unchanged at 475.30 points, after rising as much as 0.5% in early trading. Investors were cautious following a series of economic data releases that showed mixed signals on inflation and economic growth, dampening market optimism. [Para 2-3: Supporting details & Context] The FTSE 100 in London closed down 0.1% at 7,650.00, while the DAX in Germany ended flat at 15,850.00. The CAC 40 in Paris closed up 0.05% at 7,020.00. Investors were particularly focused on the European Central Bank's (ECB) upcoming interest rate decision, which is scheduled for February 10, 2026. Market participants are anticipating a potential interest rate hike, which could impact European markets. The euro strengthened against the dollar, closing at $1.0850, influencing market sentiment.