European stock indices rose at the start of Wednesday's session, as the quarterly earnings season continued and uncertainty eased following the EU-US trade agreement.
The STOXX Europe 600 rose 0.3% to 543 points, with losses in mining stocks limiting the European index's gains.
The German DAX rose 0.55% to 23,975 points, the French CAC 40 rose 0.5% to 7,657 points, and the British FTSE 100 added about 0.15% to 9,158 points.
Shares in German company Beiersdorf fell 9.3% after it lowered its full-year sales forecast. The Nivea maker currently expects organic sales growth of 3%, down from its forecast of 4% to 6%, following a weaker-than-expected performance in the first half.
Deutsche Bank strategists said in a note to clients: "We expected earnings to exceed expectations, but earnings have been better than we expected. 74% of STOXX 600 companies have reported earnings so far, and total earnings were 8% higher than expected."
Siemens Energy set a record high in quarterly orders, jumping 64.6% to €16.6 billion ($19.2 billion) in the third quarter, according to CNBC
-255*160.webp)
