European stocks edge higher with focus on US inflation and Nvidia

Investors will watch Nvidia’s quarterly earnings on Wednesday to assess the strength of artificial intelligence-related sectors.

Nvidia chief executive Jensen Huang. Ahead of the giant chipmaker’s earnings, investors are getting ready to see whether the AI darling will at least match Wall Street’s lofty estimates. Picture: AP

European stocks inched higher on Tuesday as investors shied away from making big bets ahead of US inflation data and Nvidia earnings later this week.

The Stoxx 600 Index was up 0.2% by the close after fluctuating between small gains and losses through the session. Personal care and travel and leisure stocks outperformed, while consumer products lagged.