European shares are little changed as earnings offset Fed's stimulus

European shares fluctuated on Thursday with the benchmark local index heading towards a monthly increase after a report showed better-than-forecast earnings offsetting concerns that the U.S. Fed may reduce bond purchases earlier than predicted. The Stoxx Europe 600 Index slipped 0.1% to 320.68 as of 9:55 a.m. London time and it has rallied 3.3% in October.