European stocks set for another mixed open with more earnings to come

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European stocks are expected to open in mixed territory Thursday with global market sentiment weighed on by a further drop in U.S. stocks yesterday.

European stocks are expected to open in mixed territory on Thursday, as traders await another batch of earnings reports, and as U.S. market declines weigh on global sentiment.Global market sentiment has taken a hit after U.S. markets posted more declines on Wednesday. The Dow ended the session with its biggest one-day loss since early September, dropping more than 400 points, or 0.96%. TheThe declines prompted Asia-Pacific markets to mostly fall overnight. U.S.

These stocks are captured under the arc welding segment or"one of the largest robotic applications," the investment banks' analysts noted. Such robots account for around 10 - 20% of annual robot shipments, they added, naming three overweight-rated stocks they like.Bernstein has identified a handful of European companies as top stock picks, with four showing potential gains of more than 50 percent.

The stocks named span diverse sectors, from recreational vehicle manufacturing to semiconductor production, reflecting Bernstein's confidence in various European market segments.It's a busy day for earnings Wednesday, with Deutsche Bank, Roche, Heineken, Volvo, Swedbank and AkzoNobel among the companies reporting. On the data front, Europe consumer confidence figures are due.

 

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