European stocks closed higher on Thursday, driven by mixed corporate earnings, while traders remained cautious due to shifting US rhetoric regarding its trade dispute with China. Throughout the day, major firms including Renault Group, Nestle, Roche, Sanofi, Eni, BNP Paribas, and Unilever released their earnings results.
The DAX gained 0.47% and the EURO STOXX 50 closed climbing 0.32% with Infineon Tech AG advancing 7.08% within both indexes. The CAC 40 increased 0.27% with STMicroelectronics NV surging 5.27%. The FTSE 100 stood flat at the same time.
The euro was 0.39% higher than the dollar at 5:34 pm CET, trading at 1.13581. The pound was 0.30% up compared to the US currency, going to 1.32959.
