European Stocks Head for Best Week in Seven Months

European Stocks Head for Best Week in Seven Months
The German share price index DAX graph is pictured at the stock exchange in Frankfurt, Germany on Oct. 12, 2021. Staff/Reuters
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European stocks were headed for their best weekly performance in seven months on Friday, as a bright start to the earnings season helped ease investor concerns about higher inflation.

The pan-European STOXX 600 index rose 0.3 percent, on course to end the week with a more than 2 percent gain after a sharp rebound in risk appetite in the past two sessions.