Major European bourses edged higher on Thursday, with the STOXX 50 and STOXX 600 both up 0.1%—marking a third straight session of gains and trading near one-month highs.
Investors remained focused on economic data, corporate earnings, and geopolitical developments, with Presidents Trump and Putin set to meet tomorrow.
Optimism was also supported by expectations that the Fed will deliver a 25 bps cut to the federal funds rate next month. Among megacaps, SAP (+0.1%) and ASML Holding (+0.4%) advanced, while LVMH, Hermès, Nestlé, and Novo Nordisk were little changed.
On the earnings front, Carlsberg shares fell 4% after reporting slightly weaker-than-expected Q2 sales, while Embracer tumbled over 22% as operating profit missed forecasts.
Source: Trading Economics
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