The European stock markets close higher after the presentation of more business results

The main European stock markets have closed higher this Thursday in a day in which more business results have been presented in the US and in the agenda of the economic situation there were few relevant appointments for the markets.

Paris has gained 0.79%; London 0.76%; Madrid 0.72%; Frankfurt 0.59%, Milan 0.36% and the Euro Stoxx 50 index, which groups the main European listed companies, 0.26%, according to market data consulted by EFE.

Although stocks started the session with losses, they reached their gains before noon and continued their bullish trend until close.

In Europe there were few relevant macroeconomic data for investors, since the only noteworthy one was the eurozone consumer confidence report for July, which advanced slightly towards recovery, marking -15.1 points compared to – 16.1 points from the previous month.

In the United States, the main indicator of Wall Street, the Dow Jones, opened higher, while the technology Nasdaq did so in the red as a result of the business results of Netflix and Tesla, which were presented yesterday and which were worse than expected. by the experts.

This Thursday more business results were known, it was the turn of the American regional banks Keycorp, Truits and Fifth Third Corp and of large companies such as American Airlines, which returned to profits compared to the losses of a year ago, or Johnson & Johnson and Philip Morris, which reduced their profits.

At the close of the European stock markets, Brent oil, the benchmark in the Old Continent, fell 0.72%, to US$ 78.88 per barrel and the euro depreciated 0.57%, to US$ 1, 1137.

The ten-year German bond, considered the safest, has closed with a yield of 2.477%, 4.6 basis points more than the day before.