European markets opened higher on Thursday, buoyed by a salvo of results and ahead of crucial indicators.

In Paris, the CAC 40 advanced by 0.95% to 7,750.07 points around 08:30 GMT. In Frankfurt, the Dax gained 0.59%, compared with 0.6% for the FTSE in London.

The pan-European FTSEurofirst 300 index gained 0.6%, the EuroStoxx 50 0.85% and the Stoxx 600 0.71%.

Futures on New York indices suggest that Wall Street will open higher, with the Dow Jones gaining 0.2%, compared with 0.17% for the Standard & Poor's 500 and 0.17% for the Nasdaq .

Numerous French companies published results on Wednesday and Thursday: Airbus , Renault , Stellantis

Orange , Pernod Ricard

and Safran .

Across the Channel, business unexpectedly contracted in the fourth quarter, while a surprise drop in Japanese GDP in the fourth quarter enabled Germany to become the world's third-largest economy.



In the US, the Philly Fed business index and January retail sales are due at 13:30 GMT, while industrial production will be published at 14:15 GMT.

On the value side, Pernod leads the CAC 40 after its results, up 5.78%. (Written by Corentin Chappron, edited by Kate Entringer)