In after-hours trading, Alphabet shares slid 2.2%, while Tesla tumbled 7.8%. Tesla missed profit estimates for the second quarter and warned that vehicle growth in 2024 would lag behind 2023. Alphabet boasted strong performance in its Search and Cloud segments but faced a slowdown in YouTube's advertising revenue.

Burberry fell 1.1% after French luxury giant LVMH reported a lower-than-expected quarterly performance, marked by a slowdown in several key markets

On the corporate front, Reckitt Benckiser is looking to offload its home care brands and is mulling options for its Mead Johnson Nutrition business. First-half net revenue fell 3.7% and pretax profit dropped 7.3%. Nonetheless, it rose 3.2% after the interim dividend was hiked by 5% to 80.4 pence per share.

Informa reported a 12% increase in half-year revenue but saw a 25% decline in pretax profit to £237.4 million. The company agreed to acquire Ascential for £1.2 billion and raised its interim dividend by 10% to 6.4 pence per share.

EasyJet jumped 5.3% after posting an 11% increase in third-quarter revenue and a 16% rise in headline pretax profit. Passenger numbers grew by 8%. .

Aston Martin jumped 8.4% after the luxury carmaker posted robust half-year results.

Key economic events on the horizon include the release of flash composite PMI data from the eurozone, Germany, the UK, and the US.

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