European Stocks Trade Higher
European stocks rose on Friday, with the STOXX 50 gaining 0.6% and the STOXX 600 advancing 0.3%, as concerns over AI spending amid a high-interest-rate environment eased and the previous session’s tech sell-off subsided. The technology sector rebounded into positive territory following a losses n the previous session. For the week, the STOXX 50 was down 0.9%, while the STOXX 600 gained 1.4%.