Global shares flat as joy over cooling US inflation proves short-lived

After positive start on Monday, Stoxx-600 inched lower today in an apparent repeat of last week's pattern

European stocks ended flat today, with miners, banks, and luxury stocks leading declines as optimism over cooling US inflation growth in August proved to be short-lived.

The region-wide Stoxx-600 index inched 0.01% lower, with the basic resources sector index dropping 1.9% and banks sliding 1.1%.