European Equities Close Higher on AI Optimism
European stocks closed broadly higher on Friday, with gains across several sectors ahead of quarterly earnings updates due early next week.
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European stocks closed broadly higher on Friday, with gains across several sectors ahead of quarterly earnings updates due early next week.
Citizens Financial Group reported third-quarter earnings of $1.41 per share, above the $1.38 analyst consensus. Revenue was $2.322 billion, below the $2.336 billion consensus.
European stocks closed higher on Friday with broad support from all major sectors as markets continued to gauge positive earnings prospects against risks of high inflation. The Euro STOXX 50 added 0.6% to 6,204 and the STOXX Europe 600 rose for a fifth session in six, gaining 0.7% to 644. Banks closed sharply higher as