European markets negative as ECB holds rates; euro zone growth beats expectations

European stocks were lower on Thursday, despite the latest figures showing the bloc’s economy grew more than expected and the European Central Bank’s decision to hold interest rates.

The pan-European Stoxx 600 ended lower by 0.1%, with most major bourses and sectors in the red.

The U.K.’s FTSE 100 index closed the session marginally higher, France’s CAC 40 was down 0.5% and Italy’s FTSE MIB traded around 0.1% lower. Germany’s DAX ended the day up nearly 0.1%.

It was another busy day for earnings on Thursday with third-quarter results coming from TotalEnergies, Volkswagen, Crédit Agricole, Société Générale, Anheuser-Busch InBev, BBVA and Schneider Electric.

Novo Nordisk ended the day down 3.6%, extending previous losses, amid news it made an unsolicited bid for U.S. drug maker Metsera, which Pfizer made an offer for last week.