Europe Stocks Little Changed Amid Faurecia, Commerzbank Results
- Investors await lender stress-test results on Friday
- Fed rate decision due tomorrow after 2-day policy meeting
Europe Stocks Close Slightly Higher in Mixed Trading
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European equities struggled for direction for a fourth day, swinging between gains and losses amid earnings reports, before closing little changed.
Automobile-parts maker Faurecia SA added 4.3 percent after raising its 2016 targets. AMS AG rallied 12 percent after the semiconductor company posted better-than-estimated profit and forecast an increase in sales. Commerzbank AG lost 4.5 percent after saying a key measure of its capital strength fell in the second quarter, leading lenders lower before Friday’s bank stress-test results. BP Plc fell 1.3 percent after its profit plunged.