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ING ING Groep NV News Story

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Live Markets: STOXX dips

STOXX 600 down 0.3%

Fed cuts, ECB seen on hold

Mixed reaction to Big Tech earnings

Nasdaq futures broadly unchanged

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        STOXX DIPS

A heavy load of earnings, central bank meetings and a mixed reaction to big tech numbers didn't move the needle much in European equity trading on Thursday, with the STOXX 600 .STOXX down just 0.3% and sector moves also fairly contained.

Traders greeted sweet shareholder returns at Dutch bank ING INGA.AS, sending the stock up over 4%, while Airbus AIR.PA also caught a bid after earnings topped expectations.

A warning pushed WPP WPP.L down over 10%, and its new boss said it would take time to turn around the British ad group.

Gains in Dutch chip stocks ASML ASML.AS and ASMI ASMI.AS helped tech lead sector performers, though advances were modest at 0.4%. Most other sectors were weaker.

The FTSE 100 .FTSE fell 0.6% from a record high.

(Danilo Masoni)

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EARLIER ON LIVE MARKETS:

BEFORE THE BELL: FUTURES FLAT, MIXED TECH, HEAVY EARNINGS DAY CLICK HERE

'AMAZING' TRUMP-XI MEETING COOLS TENSIONS CLICK HERE

eu open https://tmsnrt.rs/47CkhUf

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