News › Markets  ·  27 Aug 2026, 3:21 PM IST  ·  4 days ago

Global Market: European shares steady as Nvidia boost offsets consumer, auto weakness

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In one line — European shares were largely flat as gains in technology stocks, fuelled by Nvidia’s upbeat revenue outlook, offset declines in consumer goods, chemicals and automobile stocks. Investors also tracked Middle East developm

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Source: Economic Times · AI-summarised by Anadi · Updated 27 Aug 2026, 4:31 PM IST

What Happened

European shares were largely flat as gains in technology stocks, fuelled by Nvidia’s upbeat revenue outlook, offset declines in consumer goods, chemicals and automobile stocks. Investors also tracked Middle East developments and falling oil prices, with hopes of progress in talks involving Iran and Qatar potentially easing concerns over energy supply disruptions.