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- European stock markets mid session: stocks traded higher on the better-than-expected corporate earnings
European stock markets mid session: stocks traded higher on the better-than-expected corporate earnings
Stock indices traded higher on the better-than-expected corporate earnings.
Investors are awaiting the Fed' interest rate decision today. They expect that the Fed will end its bond-buying program. Investors are awaiting new signs for further monetary policy in the U.S. The slowdown of the global growth and recent weaker-than-expected U.S. economic data could lead that the Fed will keep its low interest rate for a longer period.
Sanofi shares dropped 4% after the company removed its chief executive.
STMicroelectronics NV shares dropped 9.1% after the company said fourth-quarter sales will decline around 3.5% because of weaker demand, and reported the weaker-than-expected third-quarter net revenue.
Schneider Electric SE shares rose 2.8% after reporting the better-than-expected third-quarter revenue.
Total SA shares climbed 1.4% after posting the better-than-estimated third-quarter net income.
Current figures:
Name Price Change Change %
FTSE 100 6,444.91 +42.74 +0.67 %
DAX 9,125.05 +56.86 +0.63 %
CAC 40 4,117.83 +5.16 +0.13 %
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