European Markets Close Higher Amid Positive Earnings and Inflation Data

European stock markets ended Wednesday's session on a high note, buoyed by a mix of encouraging earnings reports and the latest inflation data from across the Atlantic. The upbeat mood was largely fueled by Heineken's impressive financial results, which saw its shares leap over 11%.

In Frankfurt, the DAX index gained 0.48%, with Siemens Energy AG leading the charge with a 4.96% increase. London's FTSE 100 wasn't far behind, climbing 0.35% as Prudential Plc advanced 5.77%. Meanwhile, the CAC 40 in Paris edged up 0.19%, and the Euro Stoxx 50 grew 0.24%, thanks in part to a 7.01% surge in Kering SA shares.

Currency markets saw the euro holding steady against the dollar at 1.03625, while the British pound dipped 0.25% to 1.24138 against the greenback.