European stocks close: stocks closed lower on the disappointing corporate earnings

Stock indices closed lower on the disappointing corporate earnings.

Meanwhile, the economic data from the Europe was mixed. The European Commission released its economic sentiment index for the Eurozone on Thursday. The index increased to 105.9 in October from 105.6 in September. Analysts had expected the index to remain unchanged at 104.1.

The increase was driven by stronger confidence in the retail and construction sectors.

The industrial confidence index increased to -2.0 in October from -2.3 in September, beating expectations for a decline to -2.7. September's figure was revised down from -2.2.

The final consumer confidence index was down to -7.7 in October from -7.1 in September, in line with expectations.

The business climate index climbed to 0.44 in October from 0.36 in September. September's figure was revised up from 0.34. Analysts had expected the index to decline to 0.32.

The Federal Labour Agency released its unemployment figures for Germany on Thursday. The number of unemployed people in Germany fell by 5,000 in October, exceeding expectations for a 4,000 decline, after a 1,000 increase in September. September's figure was revised down from a 3,000 rise.

The unemployment rate remained unchanged at 6.4% in October, in line with expectations.

The number of unemployed people was 1.87 million in September, according to Destatis.

Destatis said that Germany's adjusted unemployment rate remained unchanged at 4.5% in September.

Destatis released its consumer price data for Germany on Thursday. German preliminary consumer price index was flat in October, beating expectations for a 0.1% decline, after a 0.2% fall in September.

On a yearly basis, German preliminary consumer price index increased to 0.3% in October from 0.0% in September, exceeding expectations for a rise to 0.2%.

The annual increase was mainly driven by a rise in services prices, which were up 1.2% year-on-year in October.

The Bank of England (BoE) released its number of mortgages approvals for the U.K. on Thursday. The number of mortgages approvals in the U.K. was down to 68,874 in September from 70,664 in August, missing expectations for an increase to 72,450. August's figure was revised down from 71,030.

Net lending to individuals in the U.K. increased by £4.85 billion in September, after a £4.7 billion gain in August. August's figure was revised up from a £4.3 billion increase.

The Nationwide Building Society released its house prices data for the U.K. on Thursday. UK house prices were up 0.6% in October, exceeding expectations for a 0.5% rise, after a 0.5% increase in September.

On a yearly basis, house prices rose to 3.9% in October from 3.8% in September. Analysts had expected house prices to rise by 3.8%.

Indexes on the close:

Name Price Change Change %

FTSE 100 6,395.8 -42.00 -0.65 %

DAX 10,800.84 -31.12 -0.29 %

CAC 40 4,885.82 -4.76 -0.10 %