Europe close: Stocks mostly higher led by miners, oil producers
Stocks in Europe finished mostly higher following the latest quarterly updates from US banking giants Goldman Sachs and JP Morgan.
Strong gains in the commodity space also helped to lift stocks.
"The beginning of earnings season has gone well it seems," IG chief market analyst, Chris Beauchamp said.
"The strong outlook for the US economy laid out in this afternoon's results has revived the rally in small cap stocks, as flows head back to the physical economy and some of the heat comes out of the recent revival in mega-cap tech names."
By the end of trading, the benchmark Stoxx 600 had edged up 0.19% to 436.57, alongside a 0.40% gain for the Cac-40 to 6,208.58, while the Dax dipped 0.18% to 15,209.15.
Spain's Ibex 35 climbed 0.74% alongside to 8,588.4.
Also buoying investor sentiment, the International Energy Agency bumped-up its outlook for oil prices, sending front-dated Brent crude oil futures 4.7% higher to $66.68 a barrel on the ICE.
That served to send a sub-index for Oil&Gas stocks on the Stoxx 600 up by 2.0%.
However, it was miners' shares that fared best on that pan-European benchmark, with the corresponding sector gauge jumping 2.48%, led by the likes of Antofagasta and Glencore.