European Markets Mixed Amid Election Focus

European shares exhibited mixed performance as markets remained focused on the upcoming U.S. presidential election. The STOXX 600 index saw fluctuations due to tech stocks declining and resource-linked shares gaining, with Reckitt Benckiser's shares rising sharply after a favorable legal outcome. STMicroelectronics experienced a downgrade by Morgan Stanley, impacting its stock negatively, while in Ireland, the ISEQ outperformed its European counterparts. The FTSE 100 rebounded slightly following budget-related concerns, and the energy sector gained support from rising oil prices. Meanwhile, the travel sector dipped due to Lufthansa's downgrade. Investors are keenly awaiting the U.S. non-farm payroll report, which could influence upcoming Federal Reserve decisions.