European shares were little changed on the penultimate trading day of 2022, as technology stocks gained as risks related to a new surge in Covid-19 cases in China returned to investors’ radars.
The Stoxx 600 index rose less than 0.1% at 9:40 a.m. in London after erasing a 0.6% drop. The gauge, which is down 12% this year, posted declines earlier in the session as the US and Italy joined a growing number of nations requiring Covid tests for travelers from China.
