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STOXX 600 closes at near four-month high as markets brush aside tariff concerns

European stocks closed higher on Wednesday, driven by heavyweight technology and industrial sectors, with markets seeming unfazed by tariff anxieties stirred by recent declarations from U.S. President Donald Trump. Heavyweight technology stocks <.SX8P> led the charge, rising 1.3%, with technology stocks on Wall Street gaining on upbeat earnings. Despite Trump's promises to levy new tariffs on the European Union and his threats to impose a 10% tariff on Chinese goods by February 1, the markets remained resilient.

Why Teledyne (TDY) Stock Is Trading Up Today

Shares of digital imaging and instrumentation provider Teledyne (NYSE:TDY) jumped 6.9% in the morning session after the company reported fourth-quarter results, which exceeded analysts' revenue and EPS estimates. Sales benefited from acquisitions and improved demand for TDY's unmanned air systems, surveillance systems, and commercial infrared imaging systems. On the other hand, its EPS guidance for next quarter missed, and its full-year EPS guidance fell slightly short of Wall Street's estimates

Netflix (NFLX) Stock Trades Up, Here Is Why

Shares of streaming video giant Netflix (NASDAQ: NFLX) jumped 15.4% in the pre-market session after the company reported impressive fourth-quarter results, which blew past analysts' global streaming paid memberships expectations, with a strong net add figure (18.9 million vs. estimates of 9.8 million). This led to a revenue and EPS beat in the quarter. Additionally, revenue guidance for 2025 beat expectations, and the company spoke optimistically about multiple vectors such as ad revenue, live e