In Europe, the stock market saw a boost from positive results in recent days, but concerns about global inflation and long-term interest rates have left investors feeling wary. Despite this, European stock markets opened with a small rise, driven by encouraging earnings news.
Some notable companies reported strong performances, such as food company Danone, whose turnover exceeded expectations due to bottled water sales, leading to a 1.4 percent increase in their share price. ABB also raised its profit guidance, resulting in a 5.6 percent increase in their share price. Additionally, European chip companies reacted positively to Taiwan Semiconductor Manufacturing’s improved results.
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