FTSE 100 up 0.62%; DAX down 0.72%; CAC 40 down 0.29% (Il Sole 24 Ore Radiocor) - Milan, 25 Apr - European shares were mostly lower in cautious midday trade, with the Stoxx 600 index down 0.39%.

Investors continued to monitor fresh earnings reports from European companies including Deutsche Bank, Nestle, BNP Paribas, Barclays and Airbus as the earnings season continues in full swing.

Traders also awaited first quarter US gross domestic product data later today and the US personal consumption expenditures price index for March - the Federal Reserve's favored inflation gauge - due on Friday for fresh hints about the state of the world's biggest economy and outlook for interest rates ahead of the next Fed policy meeting on April 30-May 1.

At 1110 GMT the FTSE 100 was up 0.62% at 8,090 points, hovering at all-time highs as it rose for a seventh straight session, with hopes of a forthcoming interest rate cut from the Bank of England helping lift sentiment.

The Frankfurt DAX was down 0.72% at 17,942 points. The Paris CAC 40 was down 0.94% at 8,015 points, while in Milan the FTSE MIB was down 0.29% at 34,171 points and in Madrid the IBEX 35 was up 0.12% at 11,041 points.

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(RADIOCOR) 25-04-24 13:16:18 (0383) 5 NNNN