Live Markets: Before the bell: Earnings ramp up, SAP drag for the DAX
29/01/2026 07:51
Welcome to the home for real-time coverage of markets brought to you by Reuters reporters. You can share your thoughts with us at markets.research@thomsonreuters.com BEFORE THE BELL: EARNINGS RAMP UP, SAP DRAG FOR THE DAX European shares were set for slight gains on Thursday following a mixed reception to U.S. Big Tech earnings and modest gains on Wall Street after the Fed kept rates unchanged and gave little indication when borrowing costs might fall again. Contracts on the EuroSTOXX 50 .STOXX50E and FTSE .FTSE both rose around 0.2%, as earnings from some of the region's biggest companies kept traders busy. Germany's DAX .GDAXI futures lagged, down 0.1%, with index heavyweight SAP SAPG.DE set to extend losses despite in-line earnings, as ongoing AI-related concerns continued to weigh on sentiment across the software space. Elsewhere, Deutsche Bank DBKGn.DE posted its largest annual profit since 2007. Swiss drugmaker Roche ROG.S reported a 5% rise in earnings but missed expectations as currency effects weighed on drug sales growth, while Sanofi announced a 1 billion euro share buyback. Other financials also reported results. ING INGA.AS beat profit expectations, boosted by strong interest and fee income, and Swedbank SWEDa.ST proposed a larger‑than‑expected increase in its annual dividend. U.S. also futures edged higher. (Danilo Masoni) ***** EARLIER ON LIVE MARKETS: BUILDING AI SURE DOES COST A LOT, HOPE IT'S WORTH IT CLICK HERE Tech earnings lead the way https://reut.rs/49Zb3ma