European stocks rise, pay attention to financial results

The STOXX 50 Index rose 0.3%, and the STOXX 600 Index rose 0.1%, expanding the range of gains from the previous session.

While traders are paying attention to financial results reports, the political situation in the United States continues to attract attention, with Kamala Harris securing a sufficient number of delegates to nominate the Democratic Party candidate.

In relation to companies, Thales stock fell by about 2.5% since Thales revised its sales growth forecast downward and predicted that profit margins in the space business would be negative.

Meanwhile, Banco de Sabadell revised its annual guidance and shareholder dividends upward, and rose 1%.

LVMH and Alstom are also scheduled to announce quarterly results today.

Meanwhile, the automotive sector came under pressure as Porsche (-6.7%) revised its sales and profitability forecasts downward.

Mercedes-Benz (-0.6%), BMW (-0.8%), and VW (-1.7%) were also in the red.