European stocks largely higher; Nvidia earnings, PMI data in focus

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European stocks largely higher; Nvidia earnings, PMI data in focus

Investing.com - European stock markets edged largely higher Thursday, as investors digested the minutes from the latest Federal Reserve minutes, earnings from AI darling Nvidia stock rose almost 5% after the budget airline said that it returned to profit in the year to the end of March amid"sustained" demand.Crude prices fell Tuesday, dropping for the fourth consecutive session, as the Fed minutes pointed to U.S. interest rates remaining at elevated levels for some time.

Also weighing on the market, U.S. crude stocks rose by 1.8 million barrels last week, according to the Energy Information Administration, compared with an estimate for a 2.5 million-barrel draw.Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors.

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When Nvidia shares rise — these 4 global stocks have tended to rise too, according to recent historyCNBC Pro screened for European stocks that were correlated to Nvidia's over the past year.
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