European stock indexes edge higher in quiet early trading

The UK's FTSE 100 index in London edged up 0.05%, with housebuilders rising, but shares sensitive to consumer demand declined. France's CAC 40 index was flat, as gains in luxury and technology shares were offset by declines in energy and materials, with steelmaker ArcelorMittal down 1.4%. Luxury stocks also boosted Italy's FTSE MIB index, which rose 0.1%, as Brunello Cucinelli surged 5.4% after releasing an earnings update. Germany's industrial-heavy DAX index was also flat, with Infineon leading the index with a 1.1% gain. German utility shares fell, while Commerzbank edged down 0.8%. Spain's IBEX 35 index was flat, as energy stocks declined but bank stocks gained.