European Markets End Higher Amid Positive Earnings and Inflation Data

European stock markets closed higher on Wednesday, buoyed by a mix of positive earnings reports and the latest inflation data from across the Atlantic. Investors showed resilience, shaking off initial jitters to end the day on a high note.

Heineken's stock soared over 11% following its announcement of better-than-expected full-year financial results, significantly contributing to the day's positive sentiment. This optimism was reflected across major indices, with Frankfurt's DAX rising 0.48%, London's FTSE 100 climbing 0.35%, and the CAC 40 adding 0.19%. The Euro Stoxx 50 also saw a modest increase of 0.24%.

In currency markets, the euro remained steady against the dollar, while the pound sterling experienced a slight decline of 0.25% against the greenback.