Home / Market Update / Global Stock Market / European Stocks Close Mostly Lower on Positive Earnings Reports

European Stocks Close Mostly Lower on Positive Earnings Reports

European stocks closed mostly higher on Wednesday, amid investors’ optimism about earnings reports.

The STOXX Europe 600 index rose by 0.22% to close at 436.71 points.

Meanwhile, the UK’s FTSE100 finished higher by 0.71% with expectations for easing lockdowns.

In France, the benchmark index CAC40 rose by 0.40%. On the other hand, the German DAX closed lower by 0.17%.

Check Also

Sterling Rebounds Following Softer US PCE Data

The Pound Sterling bounces back strongly above 1.3400 against the US Dollar after soft US …