Company Earnings Support Markets Amid Fed Speech Anticipation: European stocks opened Wednesday’s session higher,
supported by a strong earnings season and easing geopolitical tensions following
a trade agreement between the European Union and the United States.
Despite some pressure from the mining sector, the Stoxx Europe 600 index rose by 0.3% to 543 points,
with notable gains in the German, French, and British indexes.

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Markets also received a boost from positive earnings by major companies such as Siemens Energy,
which reported record quarterly orders worth €16.6 billion.
However, the German skincare company Beiersdorf cut its annual sales forecast,
causing its stock to drop by 9.3%.
A Deutsche Bank report noted that 74% of companies listed on the Stoxx 600 index
have reported earnings that beat expectations by 8%.

In Asia, Japanese stock indices closed with substantial gains across most sectors.
The Nikkei 225 rose by 0.6% to 40,794 points, while the Topix index climbed 1% to 2,966 points,
amid stable USDJPY exchange rates and increasing Japanese bond yields.

Meanwhile, U.S. stock futures rose ahead of Wednesday’s opening as investors awaited a batch of key quarterly earnings reports.
During the session, markets watch for results from Disney, Uber, and McDonald’s,
followed by reports from Airbnb, DoorDash, and Lyft after market close.

No significant economic data releases are expected today.
Still, attention is focused on speeches by several Federal Reserve officials,
including Susan Collins of the Boston Fed and Mary Daly of the San Francisco Fed,
for potential signals on the direction of monetary policy.

In pre-market trading, Dow Jones futures rose about 163 points to 44,399, S&P 500 futures gained 0.27% to 6,342.50 points,
and Nasdaq 100 futures edged up 0.08% to 23,150 points.

Company Earnings Support Markets Amid Fed Speech Anticipation

Company Earnings Support Markets Amid Fed Speech Anticipation

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