European stocks rise despite slumping oil prices as earnings roll in

European stocks were off to a firmer start on Wednesday, despite fresh losses for oil prices. The Stoxx Europe 600 index /zigman2/quotes/210599654/delayed XX:SXXP -1.01% rose 0.7% to 326.66. The German DAX /zigman2/quotes/210597999/delayed DX:DAX -1.44% and FTSE 100 indexes /zigman2/quotes/210598409/delayed UK:UKX -0.97% rose around 0.8% each and the French CAC 40 index /zigman2/quotes/210597958/delayed FR:PX1 -1.22% gained 0.2%. U.S. stock futures were also rising, with Dow industrials futures /zigman2/quotes/210407078/delayed YM00 -0.93% up 180 points. Investors looked past slumping oil prices, with Brent crude dropping 16% to $16.74 a barrel, levels not seen since 1999. Roche /zigman2/quotes/206324342/delayed CH:ROG +1.47% shares slipped despite the drugmaker reporting higher sales and backing its 2020 view. Shares of Akzo Nobel /zigman2/quotes/209835399/delayed NL:AKZA -0.04% , Randstad /zigman2/quotes/202421454/delayed NL:RAND -1.89% and CRH /zigman2/quotes/200809743/delayed IE:CRG -0.16% were all higher after those companies reported results.

/zigman2/quotes/210599654/delayed

Add to watchlist XX:SXXP

STOXX Europe 600 Index

XX : STOXX

407.85

-4.15 -1.01%

Volume: 0.00

Jan. 15, 2021 11:03p

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DAX

DX : Xetra Indices

13,787.73

-200.97 -1.44%

Volume: 96,853

Jan. 15, 2021 6:30p

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FTSE 100 Index

UK : FTSE UK

6,735.71

-66.25 -0.97%

Volume: 713,361

Jan. 15, 2021 4:58p

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CAC 40 Index

FR : France: Euronext Paris

5,611.69

-69.45 -1.22%

Volume: 127,618

Jan. 15, 2021 6:05p

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E-Mini Dow Continuous Contract

US : U.S.: CBOT

$ 30,623.00

-286.00 -0.93%

Volume: 195,504

Jan. 15, 2021 3:59p

/zigman2/quotes/206324342/delayed

Add to watchlist CH:ROG

Roche Holding AG

CH : Switzerland: SWX

CHF 316.65

+4.60 +1.47%

Volume: 2.35M

Jan. 15, 2021 5:31p

P/E Ratio

21.16

Dividend Yield

2.84%

Market Cap

CHF267.61 billion

Rev. per Employee

CHF628,905

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Akzo Nobel N.V.

NL : Netherlands: Euronext Amsterdam

€ 89.76

-0.04 -0.04%

Volume: 683,750

Jan. 15, 2021 5:35p

P/E Ratio

31.83

Dividend Yield

N/A

Market Cap

€16.87 billion

Rev. per Employee

€274,438

/zigman2/quotes/202421454/delayed

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Randstad N.V.

NL : Netherlands: Euronext Amsterdam

€ 55.16

-1.06 -1.89%

Volume: 378,401

Jan. 15, 2021 5:35p

P/E Ratio

39.84

Dividend Yield

0.00%

Market Cap

€10.31 billion

Rev. per Employee

N/A

/zigman2/quotes/200809743/delayed

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CRH PLC

IE : Ireland: Dublin

€ 36.70

-0.06 -0.16%

Volume: 1.64M

Jan. 15, 2021 4:34p

P/E Ratio

19.35

Dividend Yield

2.22%

Market Cap

€28.96 billion

Rev. per Employee

€312,939