TELETRADER News
10/24/2018, 5:30 PM (Source: TeleTrader)
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Europe closes mixed amid corporate earnings

European equities closed mixed on Wednesday as company earnings move markets. Deutsche Bank and Barclays reported their quarterly results earlier in the day, while investors await Groupe PSA's earnings.

Meanwhile, tensions surrounding the murder of Saudi journalist Jamal Khashoggi continue to linger. United States President Donald Trump called the official Saudi explanation of Khashoggi's death "the worst cover-up ever," while both Washington and London announced visas will be revoked for those involved in the journalist's death.

The DAX lost 0.73% as Covestro dropped 4.80%. In Paris, the CAC 40 fell 0.31% with STMicroelectronics plummeting 10.10%. The FTSE 100 ended the day 0.11% in the green; BT Group jumped 3.81%. The euro declined 0.70% against the dollar at 5:40 pm CET, buying 1.13916.

Breaking the News / JC