European Indexes Rise as Banks Gain, Software Stocks Fall
Dow Jones
Yesterday
0719 GMT - European stock indexes move higher at the open. Banks and industrials lead the continent, though software stocks weaken. The Europe-wide Stoxx 600 gains 0.3% after falling sharply in the last two sessions. London's FTSE 100 is flat, as gains for travel stocks and industrials are countered by falling software stocks. RELX drops 1.7%. In Paris, the CAC 40 adds 0.6% as luxury stocks rise after struggling so far this week. LVMH trades up 0.1%. Germany's DAX gains 0.35%, led by large industrial groups. Airbus adds 1.6%. Software giant SAP drops 1.6%. Banks drive the Italian FTSE MIB up 0.8%, while Spain's IBEX 35 is 0.5% higher. In Amsterdam, the AEX is flat as ASML adds 0.1%.
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