India, July 16 -- European stocks closed weak on Wednesday as concerns about tariffs, and reports that U.S. President Donald Trump will sack Fed Chair Jerome Powell sometime soon, hurt sentiment.

Investors also digested a slew of corporate earnings updates that fell short of expectations.

Disappointing updates from chipmaker ASML Holdings and French auto major Renault hurt sentiment.

The pan European Stoxx 600 closed down 0.57%. The U.K.'s FTSE 100 ended lower by 0.13%, Germany's DAX lost 0.21% and France's CAC 40 drifted down 0.57%. Switzerland's SMI edged up 0.08%.

Among other markets in Europe, Belgium, Czech Republic, Finland, Greece, Iceland, Ireland, Netherlands, Norway, Portugal, Sweden and Turkiye closed weak.

Denmark, Russia a...