Investors are closely monitoring the Federal Reserve’s interest rate decision and a wave of corporate earnings reports this week. Companies, during this reporting season, are not experiencing the usual significant boost to their stock prices after surpassing analysts’ expectations.
The German DAX climbed 0.2% to 16,965.97, while the CAC 40 in Paris rose 0.4% to 7,671.60. The UK’s FTSE 100 advanced 0.6% to 7,676.14. The S&P 500 futures edged down less than 0.1%, and Dow Jones Industrial Average futures slipped just over 0.1%.
Shares of China Evergrande Group, a real estate company burdened with over $300 billion in liabilities, remained suspended following a Hong Kong court’s order for the company’s liquidation due to insolvency.
However, China Evergrande New Energy Vehicle Group saw a 4.4% increase in its shares after trading resumed following a suspension on Monday. Meanwhile, Evergrande Property Services experienced a 3.9% decline.
