European Stocks Rise as Markets Stabilise, Dollar Set for Weekly Loss
European stocks rose in early Friday trading as sentiment showed signs of recovery after the previous session’s sharp drop in tech stocks. The dollar was lower and set for a weekly loss.
Story updates
09:44:35 AM UTC
SquawkNews
By Avinash PEuropean shares were on track for their biggest weekly gain since late June on Friday, as strong earnings reports and signs of stability in battered global technology stocks bolstered investor sentiment.The pan-European STOXX 600 index TVC:SXXP rose 0.56% to 643.64 points by 0922 GMT…
By Elizabeth HowcroftEuropean stock markets picked up in early trading on Friday, as market sentiment showed signs of recovery after a sharp drop in tech stocks in the previous session, while the dollar was down and set for a weekly loss.Markets were rattled this week by a combination of worries ab…