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Global indices struggle amid mixed earnings

Business Standard

|

October 23, 2025

Global shares were mostly lower on Wednesday onselling of technology shares following a lackluster day on Wall Street.

- BLOOMBERG & REUTERS

Wall Street slipped with Netflix's weak profit weighing on sentiment as investors monitored a flood of corporate earnings to get clarity in a high-stakes reporting season. European stocks dipped as a raft of earnings reports provided a mixed picture of corporate profitability in the region.

The Stoxx Europe 600 index dropped about 0.3 percent at the open, with the basic resources sector recovering some of Tuesday's losses. Consumer products and services led declines after results from L'Oreal SA, Hermes International SCA and Adidas AG failed to meet lofty expectations.

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