The company logo before the ASML U.S. Technical Training Academy unveiling in Phoenix, Arizona, U.S., Nov. 20, 2025.
Rebecca Noble | Reuters
LONDON — European stocks are expected to open in mixed territory on Wednesday as regional investors gear up for more key earnings reports.
The U.K.’s FTSE index and Germany’s DAX are expected to open just above the flat line while France’s CAC 40 is seen 0.15% lower and Italy’s FTSE MIB 0.3% higher, according to data from IG.
Investors in Europe will be keeping a close eye on earnings from some of the region’s biggest companies over the next few weeks; on Wednesday morning, Dutch semiconductor giant ASML reported orders that smashed expectations while 2026 sales guidance was also ahead of estimates.
Volvo, Lonza Group and KPN are also all due to report their latest financial results today. European luxury conglomerate LVMH reported better-than-expected earnings after the bell on Tuesday and a second quarter of organic revenue growth.
Investors will also be keeping an eye on U.S. earnings on Wednesday with Microsoft, Meta Platforms and Tesla set to post their quarterly financial results after the closing bell. Apple will post its results on Thursday.
The U.S. Federal Reserve’s first rate decision of the year is also in focus on Wednesday. The central bank is widely expected to keep its benchmark interest rate steady at a target range of 3.5% to 3.75%, but traders will be seeking hints on longer-term changes to monetary policy.
Fed funds futures trading suggests two quarter-percentage point cuts by the end of 2026, according to the CME FedWatch Tool.
S&P 500 futures were near the flatline Tuesday night while Asia-Pacific markets were mixed Wednesday,.
— CNBC’s Pia Singh contributed to this market report.