European markets steady as traders eye Trump-Zelenskyy meeting; Novo Nordisk on the move

[Global Business Strategy on Digital Display]
Tom Werner

London (UKX [https://seekingalpha.com/symbol/UKX]) +0.04%

Germany (DAX:IND [https://seekingalpha.com/symbol/DAX:IND]) -0.31%

France (CAC:IND [https://seekingalpha.com/symbol/CAC:IND]) -0.52%

The pan-European Stoxx 600 [https://seekingalpha.com/symbol/STOXX] (STOXX [https://seekingalpha.com/symbol/STOXX]) ticked 0.1% lower on Monday as investors traded with caution ahead of President Trump's meeting with Ukrainian President Volodymyr Zelenskyy and European leaders in Washington.

Elsewhere, an annual meeting in Jackson Hole, Wyoming, of top central bankers later this week will be watched closely for hints about possible interest rate cuts from Federal Reserve chair Jerome Powell.

On the corporate front, Novo Nordisk gained on Tradegate after its weight-loss drug Wegovy won US approval. Endeavour Mining led the gains, climbing nearly 3% to an all-time high.

IN THE BOND MARKET, the U.S. 10-year Treasury yield was down 4 basis points at 4.29%.

Germany's 10-year yield was down 4 basis points at 2.75%.

UK's 10-year yield was unchanged at 4.67%.

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