European stock markets traded largely lower Thursday ahead of a key policy-setting meeting by the European Central Bank, although strong earnings from oil major Shell helped the U.K. market outperform.
By 04:05 ET (08:05 GMT), the DAX in Germany traded 0.4% lower, the CAC 40 in France dropped 0.6%, while U.K.'s FTSE 100 traded 0.3% higher.
This week has seen a deluge of quarterly earnings, with mixed results, and Thursday has been no exception.
Shell (LON:SHEL) stock rose 4% after the heavily-weighted energy giant said it will buy back up to another $4 billion in stock and raised its dividend by 15% after posting another massive profit in the third quarter, reaping the windfall from high oil and gas prices.
By Peter Nurse
Investing.com*
By 04:05 ET (08:05 GMT), the DAX in Germany traded 0.4% lower, the CAC 40 in France dropped 0.6%, while U.K.'s FTSE 100 traded 0.3% higher.
This week has seen a deluge of quarterly earnings, with mixed results, and Thursday has been no exception.
Shell (LON:SHEL) stock rose 4% after the heavily-weighted energy giant said it will buy back up to another $4 billion in stock and raised its dividend by 15% after posting another massive profit in the third quarter, reaping the windfall from high oil and gas prices.
By Peter Nurse
Investing.com*
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