European stocks opened firmly in negative territory as investors digested earnings updates from a number of companies across the continent.
The Stoxx Europe 600 and France's CAC 40 were down 0.4%, while the U.K.'s FTSE 100 and Germany's DAX were down 0.5% as of 8:25 a.m. in London.
Elsewhere in the currency market, the British pound gained 0.2% after better-than-expected U.K. gross domestic product figures for the first quarter.
Shares of German industrial giant Thyssenkrupp plunged 8% shortly after the opening bell Thursday, sending the company to the bottom of the regional Stoxx 600 index.
That came after the company reported a 5% year-on-year decline in sales in the first half of its fiscal year, with total sales falling to 16.4 billion euros ($18.4 billion). The company cited weak markets and macroeconomic uncertainty.
Thyssenkrupp said it also saw a year-on-year decline in second-quarter order intake due to market conditions. (Newsmaker23)
Source: CNBC
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