The City of London financial district at sunrise.
Alexander Spatari | Moment | Getty Images
European markets opened mixed on Friday as traders parsed through several earnings reports and economic data at the end of the week.
The pan-European Stoxx 600 was up 0.1% shortly after the opening bell. London’s FTSE 100 was nearly 0.2% higher, while Germany’s DAX and France’s CAC 40 were trading just below the flatline.
On Friday, among the European companies reporting earnings are BASF, Swiss Re, Holcim, IAG, and Amadeus.
On the economic data front, Germany, France, and Spain are releasing inflation data, with unemployment figures from Germany and France and U.K. housing prices.
In the U.K., all eyes are on the parliamentary by-election in Gorton and Denton in Greater Manchester, where the Green Party won and overturned a large majority for the governing party, Labour.
Reform UK came second, while Labour fell to third, which would be a significant setback for Prime Minister Keir Starmer.
European markets closed mixed in Thursday’s session after investors pored over earnings from the likes of Puma, Rolls-Royce, Engie, and LSEG.
U.S. stock futures pulled back overnight after Nvidia’s latest results failed to boost the broader market with software stocks falling, including Salesforce and Microsoft.
Asia-Pacific markets traded mixed on Friday.
