European indexes are mostly higher in early trading, as semiconductor stocks lose momentum but other sectors rally. The Europe-wide Stoxx 600 is mixed. London's FTSE 100 adds 0.1% as software and defense stocks gain--Relx rises 1.9%--though metals miners edge lower. In Paris, the CAC 40 is 0.2% higher as luxuries strengthen, with bellwether LVMH up 1%. Thales drops 1.5% after agreeing to buy a stake in Exail Technologies. Germany's DAX is flat as technology companies diverge. Software giant SAP gains 2%, while chip maker Infineon falls 3.2%. The Italian FTSE MIB gains 0.4%, helped by a 4% increase for Leonardo. Spain's IBEX 35 is 0.3% lower. The semiconductor-heavy AEX index is flat in Amsterdam, even as ASML falls 1.6% and BE Semiconductor tumbles 6.4%. Prosus is up 3.4%.(josephmichael.stonor@wsj.com)
Dow Jones Newswires
European Indexes Edge Higher at Open — Market Talk
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European indexes are mostly higher in early trading, as semiconductor stocks lose momentum but other sectors rally. The Europe-wide Stoxx 600 is mixed. London's FTSE 100 adds 0.1% as software and defense stocks gain--Relx rises 1.9%--though metals miners edge lower. In Paris, the CAC 40 is 0.2% hig…