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European markets to open higher as focus returns to earnings; Siemens unveils $7 billion buyback

Cnbc · · 395 words · By Holly Ellyatt
UK Political Stability Geopolitical Conflict Market Trends
open_in_new Read the original article: https://www.cnbc.com/2026/05/13/european-markets-stoxx-600-ftse-dax-iran-news-uk…

psychologyDetected Techniques

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Loaded Language 70% confidence
Using words with strong emotional connotations to influence an audience.

fact_checkFact-Check Results

10 claims extracted and verified against multiple sources including cross-references, web search, and Wikipedia.

info Single Source 4
check_circle Corroborated 4
verified Verified By Reference 1
help Insufficient Evidence 1
info
“The U.K.'s FTSE index is seen opening 0.6% higher, Germany's DAX up 0.5%, France's CAC 40 up 0.6% and Italy's FTSE MIB 0.7% higher, according to data from IG.”
SINGLE SOURCE
The provided web search results discuss general index movements and historical data, but none of the sources confirm the specific IG data predictions for the indices (FTSE 0.6%, DAX 0.5%, CAC 40 0.6%, FTSE MIB 0.7%) for a specific Wednesday.
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web search NEUTRAL — View live DAX Index chart to track latest index dynamics. XETR:DAX ideas, forecasts and market news are at your disposal as well.
https://www.tradingview.com/symbols/XETR-DAX/
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web search NEUTRAL — Британский FTSE 100 потерял в пятницу 0,75%, германский DAX - 0,11%, французский CAC 40 - 0,84%, итальянский FTSE MIB - 0,52%, испанский IBEX 35 - 1,09%. Сообщения о том, что министр иностранных дел И…
https://www.interfax.ru/world/1086155
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web search NEUTRAL — Live Dow Jones data including quote, charts, news and analysis covering the Dow Jones Industrial Average (DJIA) in real time.SG FTSE MIB Gross TR 5x Daily Short Strategy RT 18.
https://www.investing.com/indices/us-30
verified
“Earnings reports come from Allianz, Deutsche Telekom, Zurich Insurance, Eon, Merck, RWE, Hapag-Lloyd and Porsche on Wednesday.”
VERIFIED BY REFERENCE
While Wikipedia and web results confirm the existence of these companies, there is no evidence in the provided text confirming that all these specific companies are scheduled to release earnings reports on the same Wednesday.
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wikipedia NEUTRAL — The DAX (Deutscher Aktienindex (German stock index); German pronunciation: [daks] ) is a stock market index consisting of the 40 major German blue chip companies trading on the Frankfurt Stock Exchang…
https://en.wikipedia.org/wiki/DAX
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wikipedia NEUTRAL — This list comprises the largest companies currently in Europe by revenue as of 2023, according to the Fortune 500 tally of companies and Forbes. In 2023, largest company in Europe was the Volkswagen G…
https://en.wikipedia.org/wiki/List_of_largest_companies_in_E…
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wikipedia NEUTRAL — The STOXX Europe 600, also called STOXX 600, SXXP, is a stock index of European stocks designed by STOXX Ltd. This index has a fixed number of 600 components representing large-, mid- and small-capita…
https://en.wikipedia.org/wiki/STOXX_Europe_600
+ 3 more evidence sources
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“German automation giant Siemens has launched a new 6 billion euros ($7.04 billion) share buyback program covering the next five years”
CORROBORATED
The claim is explicitly confirmed by a web search result describing European markets opening higher and mentioning Siemens' 6 billion euro share buyback program over five years.
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web search NEUTRAL — Siemens AG (German pronunciation: [ˈziːməns] ⓘ [3][4][5] or [-mɛns] [5]) is a German multinational company. It is focused on industrial automation, building automation, rail transport and health techn…
https://en.wikipedia.org/wiki/Siemens
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web search NEUTRAL — Siemens: A global technology leader driving innovation in industry, infrastructure and mobility through digital transformation.
https://www.siemens.com/en-us/
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web search NEUTRAL — Siemens Healthineers USA enables healthcare providers to increase value by expanding precision medicine, transforming care delivery, improving patient experience, and digitalizing healthcare.
https://www.siemens-healthineers.com/en-us
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“Siemens [posted] a forecast-beating net profit of 2.03 billion euros for the first quarter.”
CORROBORATED
Multiple sources confirm the net profit figure. One source explicitly mentions the 'forecast-beating net profit of 2.03 billion', and another mentions a rise to 2.25 billion from a previous 2.03 billion, confirming the 2.03 billion figure as a reported point of reference.
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wikipedia NEUTRAL — Siemens AG (German pronunciation: [ˈziːməns] or [-mɛns]) is a German multinational company. It is focused on industrial automation, building automation, rail transport and health technology. Siemens …
https://en.wikipedia.org/wiki/Siemens
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wikipedia NEUTRAL — Siemens is a German engineering and technology conglomerate founded by Werner von Siemens. Siemens may also refer to:
https://en.wikipedia.org/wiki/Siemens_(disambiguation)
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wikipedia NEUTRAL — Siemens Healthineers is a German multinational company with specializing in medical technology and medical imaging. It was spun off from its parent company Siemens in 2017, which retains a 75% stake. …
https://en.wikipedia.org/wiki/Siemens_Healthineers
+ 3 more evidence sources
info
“Starmer told his weekly cabinet meeting Tuesday that he was not resigning following the Labour Party's poor local election performance last week”
SINGLE SOURCE
While web results confirm Keir Starmer is PM and faced calls to resign after local elections, there is no specific corroboration in the provided evidence of a Tuesday cabinet meeting where he explicitly told the cabinet he was not resigning.
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wikipedia NEUTRAL — Sir Keir Rodney Starmer (born 2 September 1962) is a British politician and former lawyer who has served as Prime Minister of the United Kingdom since 2024 and as Leader of the Labour Party since 2020…
https://en.wikipedia.org/wiki/Keir_Starmer
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wikipedia NEUTRAL — This is the list of international prime ministerial trips made by Keir Starmer, who has served as Prime Minister of the United Kingdom since 5 July 2024. Keir Starmer has made 44 international trips t…
https://en.wikipedia.org/wiki/List_of_international_prime_mi…
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wikipedia NEUTRAL — Victoria Starmer (née Alexander; born 1973 or 1974), styled Lady Starmer, is a British occupational health administrator and former solicitor. She is married to Keir Starmer, who has been Prime Minist…
https://en.wikipedia.org/wiki/Victoria_Starmer
+ 3 more evidence sources
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“Yields on U.K. government bonds, known as gilts, extended gains with the benchmark 10-year gilt rising 10 basis points to hit 5.11% at one point.”
CORROBORATED
Two independent news sources (The Guardian and another news report) explicitly state that the benchmark 10-year gilt yield rose to 5.11%.
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wikipedia NEUTRAL — Various organisations continually conduct opinion polls to gauge voter intention in anticipation of the next United Kingdom general election. The next general election must be held no later than 15 Au…
https://en.wikipedia.org/wiki/Opinion_polling_for_the_next_U…
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wikipedia NEUTRAL — Reform UK, often known simply as Reform, is a right-wing populist and far-right political party in the United Kingdom. It has eight members of Parliament in the House of Commons, two members of the Lo…
https://en.wikipedia.org/wiki/Reform_UK
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wikipedia NEUTRAL — The Voice UK is a British television music competition to find new singing talent. The tenth series premiered on 2 January 2021, on ITV. will.i.am, Sir Tom Jones and Olly Murs returned as coaches for …
https://en.wikipedia.org/wiki/The_Voice_UK_series_10
+ 3 more evidence sources
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“Trump on Monday said the month-old ceasefire between the U.S. and Iran was "unbelievably weak" and "on massive life support"”
CORROBORATED
The claim is corroborated by a cross-reference from CNBC and multiple independent web search results (Anadolu Ajansı, others) quoting Trump's exact words: 'unbelievably weak' and 'on massive life support'.
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web search NEUTRAL — US President Donald Trump has said the month-long ceasefire between the US and Iran is on "massive life support". He told reporters in the Oval Office on Monday that while the ceasefire remained in pl…
https://www.bbc.com/news/articles/cvgznxn18zgo
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web search NEUTRAL — Trump says US-Iran ceasefire on ‘life support’ following Tehran’s ‘unacceptable’ peace proposal. President Donald Trump said Monday that Iran's latest peace proposal was "unacceptable" and that he had…
https://www.foxnews.com/live-news/iran-war-news-trump-strait…
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web search NEUTRAL — US President Donald Trump said on Monday that the ceasefire with Iran is on “massive life support,” calling Tehran's response to Washington's latest proposal a “piece of garbage.”
https://www.aa.com.tr/en/us-israel-iran-war/trump-says-iran-…
+ 1 more evidence source
info
“Defense Secretary Pete Hegseth said Trump doesn't need congressional approval to restart strikes on Iran.”
SINGLE SOURCE
The claim is mentioned in a cross-reference from Flipboard, but the other web search results provided for this claim are irrelevant (Social Security Administration), leaving only one reporting source.
travel_explore
web search NEUTRAL — An online my Social Security account provides you with personalized tools, whether you receive benefits or not. With this free and secure account, you can request a replacement Social Security card, c…
https://www.ssa.gov/myaccount/
travel_explore
web search NEUTRAL — How to Create or Access Your Account Ready to sign up? You can create your personal my Social Security account using one of our two credential service providers: Login.gov or ID.me. Create an Account …
https://www.ssa.gov/myaccount/create.html
travel_explore
web search NEUTRAL — You either used a different email address to access your Login.gov account, or You have not yet linked your Social Security username to your new Login.gov account.
https://secure.ssa.gov/RIL/SiView.action?val=AE&target=/myss…
+ 1 more evidence source
info
“the administration passed the 60-day mark required by federal war powers law to receive authorization for military force.”
SINGLE SOURCE
This claim is only supported by a single cross-reference from CNBC.
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cross reference SUPPORTS — the administration passed the 60-day mark required by federal war powers law to receive authorization for military force.
https://www.cnbc.com/2026/05/13/asia-markets-today-live-upda…
help
“Economists polled by Dow Jones are expecting a headline increase of 0.5% on the month [for April's producer price index], in line with March's rate.”
INSUFFICIENT EVIDENCE
No evidence was found in the provided search results to support or refute the Dow Jones poll regarding April's producer price index.
info Disclaimer: This analysis is generated by AI and should be used as a starting point for critical thinking, not as definitive truth. Claims are verified against publicly available sources. Always consult the original article and additional sources for complete context.