Stocks in Europe stabilized on Thursday after dropping to record lows, reached in the previous session.
On the background of a possible sharp increase in the key interest rate of the Federal Reserve, investors are cautious. Instead, rising inflation and the aftermath of the COVID-19 epidemic still create uncertainty in the markets.
"We see that investors show caution, as they expect increases in interest rates. This brings uncertainty and influences market sentiment," noted a financial analyst.
The telecommunications sector shows mixed results with the arrival of news on deals and technological innovations.
Despite the instability, analysts expect the market to gradually recover and find its balance after fluctuations in recent days.
