- We're Not Greece: Italian Prime Minister Monti
- Private Homebuilders in the US: Dead Men Walking
- Dividend Payout Could Hit Record Amount This Year
- With Investors So Bullish, Stock Pullback Must Be Ahead
- Obama Likely to Call for Cutting Top Corporate Tax Rate
- New York Fashion Week Fall 2012
- NetNet: Why Saving Greece Could Destroy the World
- My Funny Valentine: When Love and the Fed Collide
- Is Bill Gross, PIMCO's Bond King, Losing His Touch?
- In Search of America's ‘Hottest Forecasters’
- Dow vs. S&P 500: Which is a Better Investment?
- Mick Fleetwood on the MP3 ‘Dumbing Down’ of Music
- Avis on the Road to Strong Growth: Analyst
- Private Homebuilders: Dead Men Walking
- LinkedIn’s Growth Is Already Priced In: Analyst
- The Real Reason Behind Bank of America’s Rally
- 5 Hedge Funds’ Top Stocks Soar After 2011 Rout
- This Valentine’s Day Love Is Served on a Silver Platter
MOST SHARED
- Greek Cabinet Approves EU, IMF Bailout Bill
- The Week Ahead: Sharp Eye on Greece
- Your First Move For Monday February 13th
- When Love and the Fed Collide
- Why Greece Will Default, Leave the Euro Zone
- How Rescuing Greece Could Destroy the World
- Cramer: 10 Earnings to Watch Next Week
- Obama Backs Down on Birth Control Plan
- Private Homebuilders: Dead Men Walking
- 2012: The Year of the Stock Picker
MOST POPULAR
HOT ON FACEBOOK
European Stocks Close Higher on US Earnings
Text Size 
Europe's major stock indexes closed higher Wednesday, following a mixed morning, as a strong set of earnings from the likes of Coca-Cola and JPMorgan boosted investor confidence.
Technology shares were the biggest gainers, after blockbuster earnings from the U.S. tech giants bolstered the sector. Energy stocks dipped following a strong four-day rally caused by surging oil prices, as commodity investors took profits.
U.S. stock futures were called higher ahead of the open as strong international sales helped Coca-Cola [KO
Loading...
()
] to post an increase in quarterly profit and JPMorgan Chase [JPM
Loading...
()
] reported a profit increase for the quarter, despite a heavy writedown cost.
Even a sharp rise in U.S. September consumer prices didn't derail the positive sentiment.
Shares of Anglo-Australian miner Rio Tinto sank 2.9 percent after the company reported a 30 percent rise in third-quarter refined copper production, but said that copper output for the third-quarter fell by 6%.
The London FTSE-100 [FTIND
Loading...
()
] closed higher as minutes from the Bank of England's October meeting revealed only one policymaker voted to cut borrowing costs, while the other eight kept rates on hold at 5.75 percent.
Germany's DAX index [DAX-XE
Loading...
()
] finished slightly higher. Insurance company Munich Re said will acquire specialty insurance company Midland for $1.3 billion. As with most deals, shares in the acquiring company moved lower. Munich Re lost 0.8 percent.
The Paris CAC-40 [CAC40-FR
Loading...
()
] also made firm gains at the close, while investors sifted through a flurry of mixed retail sales news from Accor, Carrefour and Danone.
And Air France-KLM announced plans to team up operations with US carrier Delta Air Lines on routes linking major US cities and London's Heathrow Airport.
- Marketing clichés aside, sometimes diamonds are for investing.
- The ‘Fast Money’ traders weigh in on fashion related stocks from apparel to footwear.
- This list of the 10 most active cities for speed traps was compiled by Trapster.com. See if your town is there.
- This Valentine’s Day should prove a love fest for restaurants, as many couples will be dining out.
- Here’s a look at Westminster Kennel Club’s most successful breeds—and how much they cost.
- What kind of homes do celebrity couples share? Here’s our updated list. Take a look.
Data is a real-time snapshot *Data is delayed at least 15 minutes
