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Major European markets remain mixed

European stock markets were mixed over half an hour after opening, with only the London, Frankfurt, and Milan exchanges showing gains following Wall Street’s predominantly lower closing the previous day.

As of 08:37, London’s FTSE 100 index rose by 0.11%, Frankfurt’s DAX increased by 0.06%, and Milan’s FTSE MIB climbed 0.32%.

Conversely, Madrid’s IBEX 35 was down by 0.06%, and Paris’s CAC 40 fell 0.25%.

Tokyo’s stock market closed lower today, with the Nikkei index dropping 0.65% amidst losses in the country’s major semiconductor companies, impacted by concerns stemming from Intel.

The Nikkei, comprising the 225 most representative market stocks, fell by 278.38 points to 42,610.17 points.

The second indicator, the Topix, ended the session down by 0.52%, or 15.96 points, at 3,082.95 units.

On Wednesday, the New York Stock Exchange closed lower as investors awaited the central bankers’ conference in Jackson Hole.

The Dow Jones Industrial Average edged up 0.04% to 44,938.31 points, while the Nasdaq fell by 0.67% to 21,172.86 points. The broader S&P 500 index declined by 0.24% to 6,395.78 points.

The price of Brent crude for October delivery surged 1.60% to $66.84 on Wednesday. Meanwhile, the euro slightly strengthened against the dollar after two consecutive losing sessions, on the same day the ECB president noted that the eurozone’s economic activity might weaken in the third quarter.

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