Banks and tech stocks lift European stocks in early trade

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Banks and tech stocks lifted European stocks in early action on Wednesday, ahead of a Federal Reserve decision that will come after the close of trade on the Continent. UniCredit it:icg jumped 6% after lifting earnings guidance, while STMicroelectronics STM, +2.79% rose 3% after results from rival Texas Instruments. The Stoxx Europe 600 SXXP, +0.47% rose 0.4%, as futures on the S&P 500 ES00, +1.00% rose 0.9% after heavyweight U.S. tech earnings weren’t as bad as feared.

This article was originally published by Marketwatch.com. Read the original article here.

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