economy

January 13, 2026

European shares finish mixed as geopolitics remains in focus

European stocks finished mixed on Tuesday, with investors keeping an eye on geopolitical developments and data.

European shares finish mixed as geopolitics remains in focus

TL;DR

  • European stocks ended mixed, influenced by Iran developments and a probe into Fed Chair Jerome Powell.
  • Orsted shares rose 5.4% after a U.S. judge allowed its $5 billion project to proceed.
  • UBS shares edged up 0.1% as its CEO is reportedly stepping down in April 2027.
  • Fed Chair Jerome Powell is under investigation regarding renovations and congressional testimony.
  • President Trump criticized Powell, calling him 'incompetent' or 'crooked'.
  • Tensions remain high regarding Iran, with potential U.S. tariffs on countries doing business with Iran.
  • U.S. stock markets showed a mixed performance in morning trade.
  • Asia-Pacific markets traded higher overnight.
  • The upcoming consumer price index report is expected to show a 2.7% rise in prices for the twelve months ending in December.

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