Business

Markets steady after solid earnings reports

By Pan Pylas
Published July 9, 2014 4:07pm ET
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Markets steady after solid earnings reports
A man looks at an electronic stock board of a securities firm in Tokyo, Wednesday, July 9, 2014. Asian stock markets fell for a third day Wednesday as caution spread ahead of corporate earnings and after record highs on Wall Street. (AP Photo/Eugene Hoshiko) | Eugene Hoshiko

LONDON (AP) — Stock markets in Europe steadied Wednesday as Wall Street opened solidly following positive earnings news from aluminum company Alcoa.

The company reported better than expected results in an after-hours statement Tuesday. Alcoa traditionally kicks off the quarterly reporting season and its results helped soothe some concerns in the markets.

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