European markets traded higher on Wednesday as investors monitored a flurry of corporate earnings releases out of the region. The pan-European Stoxx 600 index was up 0.77% at 12 p.m. London time, with most sectors and all major bourses in positive territory. German stocks continued the rally that began after Germany’s federal election over the weekend, with the Dax gaining 1.4%.

European markets traded higher on Wednesday as investors monitored a flurry of corporate earnings releases out of the region. The pan-European Stoxx 600 index was up 0.77% at 12 p.m. London time, with most sectors and all major bourses in positive territory. German stocks continued the rally that began after Germany’s federal election over the weekend, with the Dax gaining 1.4%.

Stocks tumbled on Friday as the postelection rally fizzled and investors fretted over the path of interest rates. The Dow Jones Industrial Average lost 305.87 points, or 0.70%, to end at 43,444.99. The S&P 500 slipped 1.32% and closed at 5,870.62, while the Nasdaq Composite fell 2.24% to 18,680.12. Declines in pharmaceutical stocks weighed on the 30-stock Dow and the S&P 500, with Amgen down about 4.2% and Moderna off by 7.3%. President-elect Donald Trump said on Thursday that he planned to nominate vaccine skeptic Robert F. Kennedy Jr. to lead the U.S. Department of Health and Human Services. The SPDR S&P Biotech ETF (XBI) tumbled more than 5% and posted its worst week since 2020. $黑石(BX)$ $迪士尼(DIS)$