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Joe Stonor, Dow Jones Newswires
European stock indexes rose in early trade as earnings stories drove increases.
The Europe-wide Stoxx 600 added 0.3%, led by consumer-facing stocks and healthcare. London's FTSE 100 moved 0.3% higher, led by a 10.6% gain for Metlen Energy after earnings. In Paris, the CAC 40 is 0.75% higher as luxuries rally after falls in the last session. Hermes added 3.4%, while sector bellwether LVMH gained 1.3%.
The German DAX slipped 0.1%, as Siemens fell 5.5% after reporting earnings, while other industrials weakened. Deutsche Telekom rose 5.8%, however, after upping its buyback. ASML slipped 0.7% as tech weakness in Asia extended into Europe, dragging on the Dutch AEX. The index traded flat. Italy's FTSE MIB rose 0.5%, while the Spanish IBEX 35 gained 0.9%.