Regardless of who wins the French election, European stocks are headed for a correction, according to Deutsche Bank. That’s a view at odds with many of the region’s strategists who expect relief if they lose.

MCDONALD’S Corp, the world’s biggest restaurant chain, said third-quarter profit gained 8.6% as lower-priced items boosted US store sales.

COSMETICS company Estee Lauder forecast fiscal year earnings below Wall Street’s expectations after turning in a better than expected quarterly profit and its shares fell 6.2%.