Mettis Global News
Mettis Global News
Mettis Global News
Mettis Global News

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European stocks advance at open after strong earnings

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Februar 02, 2022: European stock markets rose at the open Wednesday following strong global earnings that lifted Asian and Wall Street equities overnight.

London's benchmark FTSE 100 index grew 0.5 percent to 7,574.34 points.

In the eurozone, Frankfurt's DAX index gained 0.4 percent to 15,678.11 points and the Paris CAC 40 won 0.3 percent to 7,122.24.

Soaring profits at Google parent Alphabet and an upgraded earnings forecast by Sony helped lift sentiment ahead of monetary policy announcements Thursday from the European Central Bank and Bank of England.

Before then, all eyes will be on the OPEC+ oil cartel, which on Wednesday is expected to stick to its guns and increase output only modestly as the price of crude soars.

AFP/APP

Posted on: 2022-02-02T15:01:18+05:00

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