Europe Factors-Shares set to rise on earnings news

PARIS, Oct 16 (Reuters) - European stocks were seen up on
Friday as strong results from IBM (IBM.N) and Google (GOOG.O) reassured
investors over the outlook for techs after Nokia (NOK1V.HE) posted a record
loss.

Financial spreadbetters expected Britain's FTSE 100 .FTSE to open 26 to 27
points higher, or as much as 0.5 percent, Germany's DAX .GDAXI to open 25 to
30 points higher, or as much as 0.5 percent, and France's CAC-40 .FCHI to open
16 to 19 points higher, or as much as 0.5 percent.

After the bell on Wall Street on Thursday, U.S. bellwethers Google and IBM
posted strong results that beat expectations, soothing concerns over the health
of the technology sector after Nokia, the world's top cellphone maker, reported
its worst ever result, sending its shares down 11 percent.

----------------------MARKET SNAPSHOT AT 0511 GMT----------------------

LAST PCT CHG NET CHG

S&P 500 .SPX 1,096.56 0.42 % 4.54

NIKKEI .N225 10,236.81 -0.02 % -1.84

MSCI ASIA EX-JP .MIASJ0000PUS 471.52 -0.32 % -1.50

EUR/USD EUR= 1.4921 -0.14 % -0.0021

USD/JPY JPY= 90.84 0.31 % 0.2800

10-YR US TSY YLD US10YT=RR 3.470 -- 0.01

10-YR BUND YLD EU10YT=RR 3.303 -- 0.00

SPOT GOLD XAU= $1,046.80 -0.29 % -$3.05

US CRUDE CLc1 $77.83 0.32 % 0.25

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Wall St ends at 2009 highs on oil; Google up late [ID:nN15321274]

Asian shares firm, yen hit by resurgent pound [ID:nHKG127079]

Nikkei flat; banks, JAL fall but retailers gain [ID:nT128645]

Oil up to year high above $78 on dollar, inventories [ID:nSIN480659]

FOREX-Yen extends broad slide, pound bounces [ID:nT126523]

TREASURIES-Steady in Asia, stocks and data eyed [ID:nT127299]

Gold steadies at $1,050/oz in consolidation mode [ID:nT129292]

Copper prices lacklustre as physical weighs [ID:nSHA71583]

(Reporting by Blaise Robinson; editing by John Stonestreet)