European stocks rise as investors juggle tech optimism and economic gloom – MarketWatch

European stocks rise as investors juggle tech optimism and economic gloom – MarketWatch

European stocks rallied on the last trading day of the month, supported by better-than-expected results and after explosive earnings for large US tech companies. The cheer helped investors put aside, for now, signs of growing global economic turmoil from the pandemic.

The Stoxx Europe 600 SXXP index,
+ 0.37%
rose 0.5% to 361.06 after posting the worst one-day losses in four weeks,…

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