💨 Abstract

European shares rose on Wednesday, led by a rally in defence stocks, in contrast to declines in Asia and the U.S. due to concerns over inflation and rising bond yields. The U.S. President-elect Donald Trump's call for higher spending from NATO allies boosted defence stocks. Auto stocks and wind energy stocks saw fluctuations based on tariff-related news. The focus remains on the U.S. economy's growth and inflation outlook, influencing U.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖