UK and European stocks were higher as investors reviewed another batch of earnings reports and shook off U.S. market declines.
The U.S. dollar stalled near a three-month high against other major currencies, underpinned by expectations for a slower pace of interest rate cuts by the Federal Reserve.
Oil prices rose as the Middle East conflict and reports of North Korean troops ready to help Russia in Ukraine kept traders on edge ahead of the U.S. presidential election.
Gold prices rose to trade near record highs as safe-haven demand from persistent geopolitical concerns bolstered prices.
Intel emerged victorious in a lengthy legal battle with the European Union on Thursday, as the bloc's top court ruled in its favour, dismissing a €1.06bn antitrust fine.
The ruling by the European Court of Justice (ECJ) marked the conclusion of a dispute that started in 2009, when the European Commission accused Intel of abusing its market dominance by offering rebates to major computer manufacturers including Dell, HP and Lenovo, to favour its chips over those of rival AMD.
While the decision closed one chapter of Intel’s legal troubles, the chip giant still faced a separate fine of €376.4m imposed by the EC last year over additional sales practices.
CLIENT LOGIN
CLIENT LOGIN
