FTSE 100 down 0.11%; DAX up 0.29%; CAC 40 up 0.12% (Il Sole 24 Ore Radiocor) - Milan, 27 Jun - European shares opened little changed in cautious trade as weakness persisted after recent losses. The Stoxx 600 index was up 0.04%.

Investors remained on the sidelines as they awaited fresh US inflation data due tomorrow with the release of May's personal consumption expenditures price index, the Federal Reserve's preferred inflation gauge, for more clues over the start of the US central bank's rate-cutting cycle.

Traders also looked ahead to the first US presidential debate on Thursday and the first round of voting in the French election next weekend.

Marine Le Pen's far-right Rassemblement National party and its allies were seen leading the first round of the country's elections with 35.5% of the vote, according to a poll published on Sunday.

A disappointing outlook from chipmaker Micron also weighed on sentiment as it sparked some doubts over the recent artificial intelligence-driven boom.

In European stock market dealings most sectors were mixed, with insurers edging slightly higher while retailers wetre broadly lower.

Swedish retailer H&M dipped 13.56% in Stockholm dealings after reporting a smaller-than-expected increase in second quarter profits.

At 0735 GMT the London FTSE 100 was down 0.11% at 8,216 points, the Frankfurt DAX was up 0.29% at 18,215 points, the Paris CAC 40 up 0.12% at 7,617 points, while in Milan the FTSE MIB was up 0.07% at 33,564 points, and in Madrid the IBEX 35 was down 0.40% at 10,986 points.

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(RADIOCOR) 27-06-24 09:58:08 (0208) 5 NNNN