PARIS (Reuters) – European markets open higher on Friday, with company results and expectations for indicators on the job markets helping to liven up trade.
In Paris, the CAC 40 advanced 0.37% to 7,616.74 points around 08:35 GMT. In Frankfurt, the Dax gained 0.58%, compared to 0.29% for the FTSE in London.
The pan-European FTSEurofirst 300 index takes 0.29%, the EuroStoxx 50 0.44% and the Stoxx 600 0.47%.
New York index futures suggest a dispersed opening on Wall Street, with the Dow Jones showing stable, compared to an increase of 0.53% for the Standard & Poor’s 500 and 0.94% for the Nasdaq.
European markets are digesting a series of data and company results published this week.
On Friday, several companies, including Caixabank, Unicredit and Electrolux, announced their quarterly figures. The publication season will continue next week with UBS, Amundi, TotalEnergies and Société Générale expected from Tuesday.
The good figures from American “tech” companies Meta and Amazon, published Thursday evening, also contribute to the performance of risky assets.
Investors will also be paying attention to US employment figures, expected at 2:30 p.m. GMT.
In terms of values, Vallourec jumped 8.56% after its good results in the fourth quarter.
TomTom climbs 6.27% after its good results in the fourth quarter.
(Written by Corentin Chappron, edited by)
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