On the other hand, AlphabetGOOGL.O gained 6.7% after the Google parent's second-quarter profit exceeded Wall Street expectations on steady demand for its cloud services and a rebound in advertising. The dot plot still shows room for another 25bp hike this year, but recent inflation figures don't signal urgency," said Stefan Koopman, senior macro strategist at Rabobank. Thermo Fisher ScientificTMO.N shed 2.2% as the medical equipment maker cut its annual profit forecast, while Union PacificUNP.Ngained 11.2% after the railroad operator appointed Jim Vena as chief executive to succeed Lance Fritz.