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Stock indices traded higher as investors focussed on corporate earnings.
Investors are awaiting the Fed' interest rate decision on Wednesday. They expect that the Fed will end its bond-buying program. Investors are awaiting new signs for further monetary policy in the U.S. The slowdown of the global growth and recent weaker-than-expected U.S. economic data could lead that the Fed will keep its low interest rate for a longer period.
Sanofi shares dropped 8.3% after the company reported that sales of its diabetes products may not grow next year due to price competition.
Standard Chartered Plc shares fell 8.2% after reporting a 16% decline in third-quarter profit before taxes.
UBS AG shares rose 3.6% despite the weaker-than-estimated third-quarter profit.
Name Price Change Change %
FTSE 100 6,398.96 +35.50 +0.56%
DAX 9,039.04 +136.43 +1.53%
CAC 40 4,117.83 +21.09 +0.51%
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