S&P 500 — US Large Cap Index
FTSE 100 — UK Blue Chips
Euro Stoxx 50 — Eurozone Leaders
DAX 40 — German Equities
CAC 40 — French Market Index
Nikkei 225 — Japan Benchmark
Hang Seng — Hong Kong Index
Shanghai Composite — China Mainland
ASX 200 — Australian Market
TSX Composite — Canada Index
Nifty 50 — India Large Cap
STI Index — Singapore Market
KOSPI — South Korea Index
Bovespa — Brazil Equities
JSE Top 40 — South Africa Index
IPC Index — Mexico MarketEuropean stocks closed slightly higher on Friday amid mixed corporate earnings, while markets assessed the outlook on European growth and rates. The STOXX 50 inched up to 5,674 and the STOXX 600 rose 0.2% to a record close of 575. Sanofi advanced 3% on a Q3 profit beat and Saab surged 6% after raising its full-year organic sales forecast. Also, NatWest jumped 5% on higher Q3 profits and an upgraded performance target. Additionally, ENI jumped nearly 2% after delivering its results. On the other hand, Safran dropped 1.4% despite beating analysts’ earnings consensus. Meanwhile, auto manufacturers and consumer discretionary companies booked gains as softer-than-expected inflation in the United States drove yields across Europe to drop. On the macroeconomic front, the Eurozone’s PMI was better than expected to reflect some traction in economic activity. On the week, the STOXX 50 gained 1.2% and the STOXX 600 gained 1.6%.
