European Markets Rebound with Optimistic Earnings as ECB Rate Cut Eyed

European stocks saw a slight rebound as investors anticipated a dovish stance from the European Central Bank, expecting an interest rate cut. Positive corporate earnings from companies like Nordea and Sartorius boosted market confidence, while inflation data remained a key focus for future ECB actions.

European stock markets regained some momentum on Thursday, driven by investor optimism over upcoming ECB actions and encouraging corporate earnings reports.

The STOXX 600 index climbed 0.4% as the ECB prepared to announce a 25 basis point rate cut. This would represent the first consecutive cuts in over a decade, responding to slowing inflation.

Companies like Finnish bank Nordea and Germany's Sartorius delivered strong performances, reinforcing sector gains, while inflation data and U.S. elections remain critical for future ECB guidance.

(With inputs from agencies.)