Getty ImagesEuropean shares were flat on Thursday after a three-day rally on hopes of a swifter global economic recovery and an upbeat sentiment in Italy as former European Central Bank chief Mario Draghi took on the task of forming a new government.
The STOXX 600 index was flat in early trading, while Milan's FTSE MIB index fell 0.2 per cent.
Markets remained hopeful after Democrats pushed ahead on Wednesday with a maneuver to pass U.S. President Joe Biden's $1.9 trillion Covid-19 relief package without Republican support.
Among early gainers, Bayer AG jumped 5.5 per cent after the German company struck a $2 billion deal to resolve future legal claims that its widely used weedkiller Roundup causes cancer.
Deutsche Bank's shares rose 0.6 per cent after the German lender swung to a small annual profit in 2020, its first since 2014, on the back of strong gains at its investment banking division.
The European blue-chip index fell 0.2 per cent, while the euro zone blue-chip index rose 0.1 per cent.
The STOXX 600 index was flat in early trading, while Milan's FTSE MIB index fell 0.2 per cent.
Markets remained hopeful after Democrats pushed ahead on Wednesday with a maneuver to pass U.S. President Joe Biden's $1.9 trillion Covid-19 relief package without Republican support.
Among early gainers, Bayer AG jumped 5.5 per cent after the German company struck a $2 billion deal to resolve future legal claims that its widely used weedkiller Roundup causes cancer.
Deutsche Bank's shares rose 0.6 per cent after the German lender swung to a small annual profit in 2020, its first since 2014, on the back of strong gains at its investment banking division.
The European blue-chip index fell 0.2 per cent, while the euro zone blue-chip index rose 0.1 per cent.
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