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BEFORE THE BELL: EUROPEAN FUTURES STEADY, EARNINGS DOMINATE
European futures pointed to a steady open near record highs on Tuesday, as a rebound in tech stocks helped markets recover from last week’s selloff ahead of key U.S. jobs and inflation data due in the coming days.
Euro STOXX 50 futures were up 0.1%, while FTSE futures rose 0.2%. U.S. equity futures were flat to slightly lower, following Monday's advance.
In Europe, attention turned to a new batch of earnings as the Q4 reporting season continued.
So far, 73% of STOXX 600 companies that have reported have beaten profit expectations, well above the 54% seen in a typical quarter. Here are some of Tuesday's early highlights:
Kering's PRTP.PA Q4 sales fall less than expected even as Gucci slide continues
AstraZeneca AZN.L forecasts growth in 2026 as it builds drug pipeline
Barclays BARC.L reports annual profit rise of 12%, announces new targets
BP BP.L profit up 32% in line with expectations, suspends buybacks
(Danilo Masoni)
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