By Simon Kennedy
LONDON (MarketWatch) -- European shares moved mostly higher in early trading Wednesday, with miners and utilities among the sectors posting the strongest performance. The move came after the Federal Reserve said Tuesday that it stood ready to further stimulate the U.S. economy. Among stocks in focus, Germany's Infineon Technologies (DE:IFX 4.74, +0.00, +0.06%) rose 1.4% after it lifted its fourth-quarter guidance thanks to strong smartphone sales. Imperial Tobacco (UK:IMT 1,915, +22.00, +1.16%) was also higher, adding 1.6% in London after the company said annual tobacco revenue will rise. The U.K.'s FTSE 100 index (UK:UKX 5,570, -6.40, -0.12%) rose 0.2% to 5,588.71, the French CAC 40 index (FR:PX1 3,776, -8.71, -0.23%) climbed 0.1% to 3,788.75 and the German DAX 30 index (DX:DAX 6,266, -10.08, -0.16%) rose 0.3% to 6,292.65. |
