European markets open higher amid earnings; Google in focus

European shares open higher on Wednesday carrying on the positive sentiment that kickstarted on Wall Street.

The Stoxx Europe 600 rose 0.3% to 386.08 at the open with almost every sector in positive territory.

U.K.’s FTSE 100 and France’s CAC 40 gained 0.4% to 7,656.30 and to 5,441.69 respectively while Germany’s DAX added 0.5% to 12,729.02.

Investors will be particularly focused on Brussels and on Alphabet shares Wednesday. Media reports suggest the U.S. tech giant Google might be hit with its biggest ever regulatory fine as the European Commission presents the findings of an eight-year probe into the company’s operating system for mobile phones.

In terms of earnings, Akzonobel, Danske Bank, Ericsson, Novartis and Easyjet are among the companies reporting.

Source: CNBC

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U.S. Stocks Turn Higher With Powell Testimony, Earnings in Focus

U.S. stock rose in morning trading on Tuesday, recovering from an earlier decline after Federal Reserve Chairman Jerome Powell indicated the U.S. central bank wouldn’t move too quickly in changing monetary policy, and that it would be flexible in the face of changing conditions.

Traders also digested the latest round of corporate earnings, which showed strong growth, although not always as strong as had been anticipated.

The Dow Jones Industrial Average added 18 points at 25,083. The S&P 500 was up by 4 points, or 0.2%, to 2,802, with eight of its 11 main sectors trading higher. Materials and consumer staples were leading gains, up about 0.6%. The Nasdaq Composite Index advanced by 10 points, or 0.1%, to 7,816.

Source : Market Watch

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U.S. stock futures inch higher with earnings, Trump-Putin summit in focus

U.S. stock futures edged up Monday, putting the equity market on track to build on last week’s rally as investors looked for another batch of high-profile earnings reports to help steer trading.

A highly anticipated meeting between President Donald Trump and Russian President Vladimir Putin was also in focus.

Futures for the Dow Jones Industrial Average rose 49 points, or 0.2%, to 25,053, while those for the S&P 500 index picked up 2.55 points, or 0.1%, to 2,805.75. Futures for the Nasdaq-100 index added 8.25 points, or 0.1%, to 7,401.25.

Source: Marketwatch

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