Grapevine

By Cnbc
Jul 24, 2024

European markets close slightly higher as investors assess earnings reports

A consumer selects vegetables at a supermarket on March 12, 2024 in Berlin, Germany.

LONDON — European stocks closed slightly higher Tuesday as investors assessed the latest earnings reports from regional companies.

The pan-European Stoxx 600 index closed up 0.13% higher, with sectors ending in mixed territory. Tech stocks added 1.4%, while mining stocks fell 1.71%.

Elsewhere, earnings were announced by companies including Thales, Randstad and Banco de Sabadell. LVMH is set to report after markets close.

Hungary's central bank cut its benchmark interest rate by 0.25 percentage points to 6.75%, continuing its easing cycle as analysts had expected.

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