European stocks edge higher

European stock markets largely edged higher Tuesday, helped by positive earnings from banking giant HSBC ahead of the start of the crucial Federal Reserve policy meeting as well as the release of the latest Eurozone inflation data.

At 03:25 ET (07:25 GMT), the DAX index in Germany traded 0.1% higher and the FTSE 100 in the U.K. gained 0.2%, while the CAC 40 in France dropped 0.1%.

HSBC (LON:HSBA), Europe’s largest bank by assets, reported a tripling of quarterly profit, as rising interest rates worldwide boosted its income and helped it pay a first quarterly dividend since 2019.

Fidelity European Trust PLC (LON:FEV) aims to be the cornerstone long-term investment of choice for those seeking European exposure across market cycles.

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