European markets to open higher as Trump considers Iran peace proposal
European markets are expected to open higher following various corporate earnings reports. Notably, BP's profits more than doubled, while Barclays faced a credit-related hit but still reported a profit increase. Additionally, discussions regarding a potential peace proposal from Iran have emerged, adding to market uncertainty.
- ▪Novartis reported a 12% drop in operating income, falling short of analyst expectations.
- ▪BP's profits for the quarter more than doubled, leading to a 1.7% increase in its shares.
- ▪Barclays announced a £500 million share buyback despite facing a £200 million credit-related hit.
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Record
| Original publisher | CNBC |
| Canonical URL | https://www.cnbc.com/2026/04/28/european-markets-stoxx-600-ftse-dax-cac-iran-latest-news.html |
| Publication time | Tue, 28 Apr 2026 05:18:33 GMT |
| Retrieval time | 2026-04-28T05:24:00.674Z |
| Last seen | 2026-04-28T05:24:00.674Z |
| Headline source | Publisher (no WeSearch rewrite) |
| Excerpt source | publisher body |
| Excerpt method | First ~120 words (~800 chars) of extracted publisher body, fair-use limited. |
| Summary | WeSearch · cerebras-chat (WeSearch summarizer) |
| Summary source text | contentText |
| Citation coverage | Summary is a WeSearch-generated derivative; primary citation is the original publisher URL. |
| Cluster | R7CIiutwbles · 2 stories |
| Cluster logic | Grouped by semantic title/content similarity across sources within a rolling window. Same-publisher template collisions are excluded from coverage comparison. |
| Ranking reason | Story pages are not engagement-ranked. Hub feeds use recency, with optional source-diversified chronological ordering (cap consecutive stories per source). No personalized ranking. |
| Publisher visit | Yes — open original |
| Substitutes article? | No — link-out required for full text |
Rights status (four layers)
WeSearch handling by dimension
| Indexing | May the item be indexed (stored, ranked, made findable)? | Allowed |
| Snippet | May a short excerpt of the publisher's text be shown? | Allowed |
| AI summary | May WeSearch generate its own short summary of the article? | Limited |
| Retrieval / RAG | May the content be exposed for third-party retrieval-augmented generation? | Not asserted |
| Model training | May the content be used to train AI models? | Not asserted |
| Commercial reuse | May the content be reused commercially? | Not permitted |
Basis: Derived from the published RSS/Atom feed. Contact: [email protected]. Reviewed: 2026-07-24.
Opening excerpt (first ~120 words) tap to expand
In a busy day for European corporate earnings, Swiss drugmaker Novartis rose 0.7% after reporting its first-quarter earnings, with group operating income dropping 12% on an annual basis to $4.9 billion. It fell below the $5.3 billion expected by analysts polled by LSEG. U.K. energy major BP also reported first-quarter earnings on Tuesday, with the company's profits for the quarter more than doubling and beating expectations. Its London-listed shares closed Tuesday up 1.7%. Barclays shares fell 0.3% after the U.K. lender took a £200 million ($270 million) credit-related hit during the first quarter, driven by the bank's exposure to stricken property lender Market Financial Solutions.The U.K.
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Excerpt limited to ~120 words for fair-use compliance. The full article is at CNBC.
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