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European Stocks Muted as Investors Await Earnings


Tuesday, 16 July 2019 14:27 WIB

Stoxx 600Saham Eropa


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European stocks began Tuesday’s session mixed as traders monitor a slew of earnings reports.

The pan-European Stoxx 600 traded around the flatline at 387.72 after the opening bell, healthcare stocks getting off to a strong start with a 0.4% rise, while oil and gas shares slipped 0.4%.

Market players are largely focused on upcoming results from major companies Tuesday. In Europe, results are due from Experian, Burberry and Telekom Austria.

Stateside, corporate figures will also be on traders’ minds with J.P. Morgan, Wells Fargo and Johnson & Johnson all set to report.

Citigroup kicked off the earnings season on Wall Street Monday, reporting better-than-expected profit and revenue numbers for the second quarter.

Source : CNBC


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