11:16 AM EDT, 07/16/2026 (MT Newswires) -- European equities traded in the US as American depositary receipts were slightly lower on Thursday morning, down 0.07% to 1,911.26 on the S&P Europe Select ADR Index.

From continental Europe, the gainers were led by pharmaceutical company Novo Nordisk ( NVO ) and drink and brewing company Anheuser-Busch Inbev ( BUD ) , which rose 1.9% and 0.9% respectively

They were followed by pharmaceutical company Novartis ( NVS ) , which added 0.8%.

The decliners from continental Europe were led by tech companies Nokia ( NOK ) and Ericsson (ERIC), which fell 7.8% and 1.8% respectively.

They were followed by bank Santander (SAN), which shed 1.5%.

From the UK and Ireland, the gainers were led by advertising and PR agency WPP ( WPP ) and telecom giant Vodafone ( VOD ) , which rose 3.8% and 3% respectively. They were followed by beverage company Diageo ( DEO ) , which added 2.5%.

The decliners from the UK and Ireland were led by semiconductor company Arm (ARM) and pharmaceutical company Compass Pathways ( CMPS ) , which lost 6.9% and 2.1% respectively.