European Stock Indexes Edge Higher as Oil Steadies -- Market Talk

Dow Jones05-05

0720 GMT - European indexes are largely higher at the open as traders watch the fragile U.S.-Iran cease-fire and its implications for Europe's economic outlook. The Europe-wide Stoxx 600 gains 0.1% after sliding sharply Monday. London's FTSE 100 falls the most--down 1%--as it catches up with market sentiment after a break in trading Monday. HSBC drags, falling 5.1% after earnings missed market forecasts. Germany's DAX gains 0.2% as energy-sensitive stocks edge higher. In Paris, the French CAC 40 edges 0.1% higher as technology gains counter slipping banking stocks. The Italian FTSE MIB rises 0.5%, pushed higher by gains for UniCredit. The bank gains 3% after its earnings beat expectations. The Spanish IBEX 35 is 0.3% higher.(josephmichael.stonor@wsj.com)

(END) Dow Jones Newswires

May 05, 2026 03:22 ET (07:22 GMT)

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The Europe-wide Stoxx 600 gains 0.1% after sliding sharply Monday. London's FTSE 100 falls the most--down 1%--as it catches up with market sentiment after a break in trading Monday. <a href=\"https://laohu8.com/S/HSBC\">HSBC</a> drags, falling 5.1% after earnings missed market forecasts. Germany's DAX gains 0.2% as energy-sensitive stocks edge higher. In Paris, the French CAC 40 edges 0.1% higher as technology gains counter slipping banking stocks. The Italian FTSE MIB rises 0.5%, pushed higher by gains for UniCredit. The bank gains 3% after its earnings beat expectations. 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