- European shares slipped on Wednesday as investors digested a slew of mixed earnings reports from the region, while weakness in energy firms on lower crude prices added to the declines.French luxury group Kering fell 4% after reporting a bigger-than-expected drop in third-quarter sales.Frankfurt-listed shares of Alphabet fell 6.5% after the Google owner's cloud revenue missed estimates, while Microsoft rose 3% after quarterly sales beat estimates.
Among other banks reporting earnings, shares of Deutsche Bank rose 5% after the lender's third-quarter revenue beat expectations.Energy stocks slipped 0.4% as crude prices dipped on concerns about slowing European demand.