European stocks were higher on Thursday, as investors reviewed another batch of earnings reports and shook off U.S. market declines.
The pan-European Stoxx 600 was up 0.34% by 3:18 p.m. London time, with the majority of major bourses and sectors trading in positive territory. Travel and leisure stocks added 3% while chemicals dipped 0.26%.
Shares of Renault jumped more than 7% earlier in the day after the French carmaker reported an unexpected uptick in third-quarter revenue amid strong demand for its pricier models. The stock was last seen up 4.7%.
Barclays shares also rose over 5% after the British bank reported better-than-expected third-quarter results.
Meanwhile, Hermes added 2.3%, before paring gains slightly, after the French fashion house reported an increase in third quarter sales, as demand for its Birkin bags continue to outweigh a wider downturn in luxury sales. Shares were last seen up 1.7%.
State side, the S&P 500 rose Thursday after three straight days of declines. The Nasdaq Composite also inched higher, while the Dow Jones Industrial Average dipped. This comes after U.S. markets recorded a losing session on Wednesday.
The declines prompted Asia-Pacific markets to mostly fall overnight. U.S. stock futures linked to the S&P 500 traded near the flatline.
— CNBC’s Lisa Kailai Han contributed to this market summary