European stocks steady as Volkswagen rally offsets inflation worries
European shares ended lower for the week on Friday, though a Volkswagen rally after the automaker agreed a major turnaround plan helped steady sentiment. STOXX 600 rose 0.1% to 649.88 points on Friday.
By Sudeshna Ghoshal and Ragini MathurEuropean shares ended the week lower on Friday, though a rally in Volkswagen helped steady the market after the automaker agreed on a major turnaround plan.The benchmark STOXX 600 ticked up 0.1% to finish at 649.88 points on Friday, capping a volatile week with…