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The Economic Times
The Economic Times
Business
Anupam Nagar

Global Market: European shares set for biggest weekly gain since August on earnings optimism

Stock Market Inflation Artificial Intelligence Corporate Earnings Monetary Policy Oil

European shares rose on Friday and were on track for their biggest weekly gain since August, supported by strong corporate earnings and signs of stabilisation in global technology stocks following a selloff earlier in the week, according to a Reuters report.

The pan-European STOXX 600 index climbed 0.3% to 641.75 points by 0708 GMT, trading near its highest level in more than two weeks. The benchmark was up more than 1% for the week.

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