European Stock Indexes Slide at Open as Banks, Earnings Weigh -- Market Talk

Dow Jones04-30

0716 GMT - Europe's blue-chip stock indexes fall at the open as higher oil prices weigh on industrials and consumer-sensitive stocks. A raft of corporate earnings also drive single stock moves. Germany's industrials-heavy DAX falls 0.9%, with automakers falling sharply after Volkswagen reported a drop in revenue over the first quarter. In Paris, the CAC 40 falls 1.2% as banks slide, with Credit Agricole falling 4.7%. Renault-owner Stellantis drops 7.4% after earnings. London's FTSE 100 is flat, as gains for oil majors counter losses elsewhere in the index. Spain's Ibex 35 tumbles 5.9% at the open as banks in the index slide, with Santander falling 2.7%. Banks also weigh on the Italian FTSE MIB, which falls 1.2%. The Europe-wide Stoxx 600 is down 0.5%. (josephmichael.stonor@wsj.com)

(END) Dow Jones Newswires

April 30, 2026 03:16 ET (07:16 GMT)

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