European shares closed slightly lower on August 13 as a sharp selloff in mining and energy stocks offset strong earnings-driven gains in individual names including Maersk and Adyen. The pan-European STOXX 600 ended down 0.24 points, or 0.04%, at 659.24, with mining stocks leading sector losses at 3% and energy shares down 0.8%, while defensive groups such as food and beverage and telecommunications rose. Commodity weakness weighed heavily on sentiment. Antofagasta tumbled 6.8% after cutting its 2026 full-year copper production guidance, dragging other miners lower, while falling oil prices pressured energy shares after lower global demand forecasts and rising U.S. crude inventories pushed Brent and WTI down. In London, the FTSE 100 fell 0.56% for a fourth straight decline and briefly touched its lowest intraday level since July 27. Earnings winners stood out against the broader weakness. Maersk jumped 9.4% after second-quarter results beat expectations and the company lifted full-year guidance for the second time this year, helped by Middle East conflict-driven freight rate gains and strong cargo demand. Adyen rose 16.4% after first-half results topped forecasts and it raised its 2026 net revenue growth outlook to 21-23% from 20-22%, while Savills climbed 10.9% on a strong increase in first-half underlying profit. Investors are now watching eurozone inflation data due August 14 for signals on European Central Bank (ECB, eurozone central bank) policy. A Reuters survey showed markets pricing about a 90% chance of another 25 basis point rate increase next month. Bond yields fell after softer-than-expected U.S. producer price data reinforced expectations that the Federal Reserve may keep rates unchanged in September. Ongoing tensions over the Strait of Hormuz continue to cloud the outlook because any renewed oil-price surge could reignite inflation and pressure risk sentiment.