Europe ahead on robust earnings
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On a busy day for corporate earnings, European equity markets moved higher by mid-morning on Wednesday, helped by strength in the support services and software sectors and overnight gains on Wall Street and in Asia.
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BusinessWeek Online - Though the major indexes remain choppy, a recent note from Standard &amp; Poor's suggests that sentiment has improved in Europe and a silver lining could be not too far ahead in the future.
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Heading into the heart of earnings season next week the expected results look robust, but a slowing of future profit growth and the impact of surging oil prices on the economy could conspire to hold down stocks.
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European equity markets were set for a cautious start on Monday on a light day for corporate earnings releases and economic data.  Attention is expected to focus on the Swedish market after a centre-right alliance proposing tax cuts and privatisation plans won the election, ending 12 years of Social Democrat rule.
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European stocks moved cautiously higher Tuesday, with the retail sector getting a leg up from some stellar first-half numbers from UK grocer Tesco.
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European stocks have soared as participants seized on positive earnings news, unchanged US interest rates and encouraging signs that the US economy was on track.
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European stock markets made steady gains on Monday, led by advances in the banking and automotive sectors.
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Good news has been in short supply for Europe&#39;s traditional industrial economies like Germany and France. Growth remains weak, unemployment high, labor markets are still rigid and the euro is soaring, pricing their exports out of the market.
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European stocks looked set for a fractionally higher open on Friday, and with both Germany's Dax and London's FSTE 100 within sight of 6,000, the last trading day of the third quarter was expected to be a cautious one.
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The Royal Bank of Scotland (RBS) -- which is fronting a European consortium&#39;s takeover bid for Dutch giant ABN Amro -- said on Tuesday that first-half earnings would beat market expectations.
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European stock markets pushed upwards in early deals as company news provided a fillip in otherwise cautious trading ahead of a US interest rate decision.
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European stock markets have powered ahead following strong gains by US and Japanese shares, with London's FTSE 100 leading the charge as heavyweight miners soared over 3.0 percent.
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European bourses are seen starting positively after a late spurt on Wall Street thanks to encouraging results from technology stalwarts IBM and Texas Instruments. A slide in oil back to &#36;53.30 from its &#36;55.33 peak on Monday also helped.
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European shares shrugged off a spike in the euro to a fresh all-time high Wednesday, with telecoms again leading the way higher after interim profits at Britain's mm02 beat expectations.
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European stock markets were mostly higher in early trading as some robust company results pleased markets worried by a rise in oil prices and a weaker dollar.
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European equities firmed slightly on  Friday while euro zone bond yields slipped after U.S.  second-quarter gross domestic product data, which rose in line  with economists' forecasts.
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The pound and the euro were stable Tuesday ahead of rate decisions by the European Central Bank and Bank of England on Thursday.