STOXX 600 flat
German business morale down to 86.6
Swiss nonfarm payroll rose 1.3
Aug 26 Reuters European shares were flat on Monday ahead of a raft of key economic data set to unfold through the week, while the technology sector kept gains in check.
The panEuropean STOXX 600 index was flat at 518.22, as of 0830 GMT. On Friday, the benchmark touched a more than threeweek high and logged a third straight weekly gain.
The technology sector was the biggest drag on the benchmark, declining 0.3. The focus was on AI darling Nvidia39;s secondquarter results, due Wednesday.
Almost all regional bourses were trading in the red.
The German benchmark fell the most among peers, losing 0.3, as a survey showed business morale for Europe39;s largest economy fell in August. The economy39;s detailed GDP figures are due on Tuesday.
Switzerland39;s nonfarm payrolls rose 1.3 for the second quarter. The Swiss benchmark ticked 0.1 higher.
London markets are closed for a holiday.
Eurozone industrial and economic sentiment, Spanish flash consumer prices, German retail sales, and preliminary consumer prices reports are due this week.
The flash estimates for EU inflation, French and Italian preliminary consumer prices, German employment data, and U.S. personal consumption expenditure data are scheduled for Friday.
At the U.S. Federal Reserve39;s annual economic symposium in Jackson Hole ECB chief economist Philip Lane said, that while the European Central Bank is making good progress…