European Stock Indexes Mixed as Oil Holds Above $110

Dow Jones10-21 15:25

0725 GMT - European stock indexes are mixed in muted early trade as elevated oil prices weigh on sentiment. Artificial-intelligence hardware stocks recover while software shares slide as the Stoxx 600 trades flat. London's FTSE 100 falls 0.2%, as a continued weakness in mining stocks outweighs gains for energy stocks. The German DAX is 0.1% lower as autos weaken--Volkswagen falls 1.7%. In Paris, the CAC 40 edges up 0.1% as earnings dominate. Carrefour shares tumble over 12% after the retailer cut its profit outlook following riots across France. Conversely, EssilorLuxottica shares leap 11% after expectation-beating earnings. Italy's FTSE MIB is flat, while the Spanish IBEX 35 inches up 0.1%. The Dutch AEX is also unmoved, though ASML gains 2%.

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