Mixed start for European markets as oil prices curb gains
SPY•European shares were mixed on Wednesday, with the STOXX 600 up about 0.1% as higher oil prices limited gains. Randstad rose 14% after third-quarter revenue exceeded expectations, while Carrefour fell 12% after cutting guidance due to protests in France.
1. European markets mixed
Major European bourses were mixed on Wednesday as earnings season gathered pace and higher oil prices kept gains in check. The STOXX 600 was up about 0.1%; Germany’s DAX was near unchanged, France’s CAC edged higher and Britain’s FTSE fell more than 0.2%.
2. Stocks move on earnings
Recruitment firm Randstad gained 14% after third-quarter revenue exceeded expectations, with Adecco, Michael Page and Hays also rising. Carrefour fell 12% after cutting its guidance because of recent protests in France.
