Earnings Optimism Drives European Stocks to Two-Week Highs

Earnings Optimism Drives European Stocks to Two-Week Highs
The German share price index DAX graph is pictured at the stock exchange in Frankfurt, Germany on Oct. 12, 2021. Staff/Reuters
Reuters
Updated:

European stocks hit a more than two-week high on Thursday as investors hoped that a steady economic recovery from the pandemic-induced slump will support corporate earnings despite signs of elevated inflation.

The pan-European STOXX 600 index rose 0.8 percent, with miners up 2.1 percent and technology stocks gaining for a second day.