European markets were higher Wednesday as investors digested more earnings reports in the region.
index was up 0.4% at around 3 p.m. London time, with most sectors and major bourses in positive territory. Food and beverage stocks were up 1.6%, while mining stocks dipped 1.7%.fell nearly 4% after the company reported a lower first-quarter profit margin amid higher costs and muted demand for its luxury cars.Alstom, Skanska, ABInbev, Swatch Group and Munich Re were among the other companies reporting Wednesday.
On Wall Street, stocks fell Wednesday as pressure on several tech names put the Dow Jones Industrial Average and S&P 500 on track to snap their recent winning streaks.crude futures for July delivery traded 0.8% lower at $82.49 per barrel at around 2:15 p.m. London time, while U.S.
"If the outlook for inflation still holds, the policy rate is expected to be cut two more times during the second half of the year," the bank said in aWUHAN, CHINA - MAY 25: Attendees wear protective masks as they look around the at BMW Ix3 during 2023 Central China International Auto Show on May 25, 2023 in Wuhan, Hubei province, China. More than 80 brands took part in the 2023 Central China International Auto Show which started on Thursday.
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