European markets edged higher on Wednesday as investors awaited key results from Alphabet's Google and Tesla later in the day, while also keeping a close eye on geopolitical developments in the Middle East and rising crude prices. The pan-European Stoxx 600 ticked 0.12% higher, with London's UKX up 0.51%, Germany's DAX up 0.54%, and France's CAC up 0.68%. Among major laggards, ASML Holding dropped 2%, SAP declined 1%, and STMicroelectronics eased 0.8%, while Santander slipped 0.5% after investors reacted cautiously to its quarterly earnings. In the bond market, the yield on the US 10-year Treasury was down less than 1 basis point to 4.63%, the UK's 10-year yield was down 1 basis point to 5.02%, and Germany's 10-year yield was unchanged at 3.17%.
Banco Santander S.A.Investors reacted cautiously to Santander's quarterly earnings.
ASML Holding N.V.
SAP SE
STMicroelectronics N.V.