STOXX 600 up 0.4%
Saab rallies after results, lifts defence
GSK slides on FDA advisory update
Wall St futures higher
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STOXX HEADS HIGHER, SET FOR WEEKLY GAIN
Europe's STOXX 600 is up 0.4% on Friday, moving into positive territory for the week, although a raft of earnings are painting a mixed picture.
Sweden's Saab SAABb.ST is up 13% after its earnings, taking year-to-date gains for the defence group to 131%. The STOXX Europe Aerospace and Defence Index .SXPARO is up 0.8% on Friday and up 57% for the year.
Compatriot Electrolux ELUXb.ST is down 14% as the appliance maker flagged weak performance in Europe.
Breadth is positive with advancers outpacing decliners in the pan-European benchmark by about 3.6:1.
Elsewhere, GSK GSK.L shares are slumping over 6% after its blood cancer drug Blenrep failed to win backing from a U.S. FDA advisory panel, with a formal decision expected next week.
Here's your opening snapshot:
(Samuel Indyk)
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EARLIER LIVE MARKETS POSTS:
EUROPE BEFORE THE BELL: FUTURES HIGHER AS CONSUMER HOLDS UP CLICK HERE
STOCKS BUOYANT BUT JAPAN VOTE BRINGS RISK CLICK HERE
Japan's core inflation slows in June https://reut.rs/3GU4YwJ
G10 currency moves against the US dollar https://reut.rs/44Uk516
European shares rise, STOXX set for weekly gain https://reut.rs/3IBF6pQ
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