FTSE 100 up 0.36%; DAX down 0.30%; CAC 40 down 0.09% (Il Sole 24 Ore Radiocor) - Milan, 30 Apr - European shares opened little changed in cautious trade after yesterday's mixed session, with the Stoxx 600 index down 0.11%.

Investors remained on the sidelines as they awaited the Federal Reserve's two-day monetary policy meeting starting today following another hotter-than-expected US inflation reading on Friday.

The US central bank is expected to keep rates on hold tomorrow, but but investors will closely monitor chairman Jerome Powell's press conference for fresh clues on the Fed's policy path.

Traders also continued to monitor fresh earnings reports from European companies including Air France-KLM, Volkswagen, Lufthansa, Mercedes, Stellantis, Capgemini, Carlsberg, HSBC, Glencore, Whitbread, Santander and Caixabank, as the earnings season continues in full swing.

Preliminary eurozone inflation data for April and first-quarter gross domestic product figures for the region are also due today.

In European stock market dealings car makers led the losses, while tech stocks rose.

US stock futures pointed to a slightly lower open as investors braced for a slew of corporate earnings from major US companies, with Amazon and Apple reporting their quarterly results respectively tomorrow and on Thursday. Results from McDonald's, Coca-Cola and PayPal are also on tap.

Traders also awaited the US jobs report for April at the end of the week.

At 0739 GMT, the FTSE 100 was up 0.36% at 8,176 points, hovering at all-time highs as it rose for a tenth straight session. The Frankfurt DAX was down 0.30% at 18,077 points.

The Paris CAC 40 was down 0.09% at 8,057 points, while in Milan the FTSE MIB was up 0.03% at 34,305 points and in Madrid the IBEX 35 was down 1.14% at 10,974 points.

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(RADIOCOR) 30-04-24 09:51:13 (0263) 5 NNNN