Investors Park Inflation Fears to Renew Bets on Stocks

Investors Park Inflation Fears to Renew Bets on Stocks
A worker shelters from the rain under a Union Flag umbrella as he passes the London Stock Exchange in London, Britain, on Oct. 1, 2008. Toby Melville/Reuters
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LONDON—Shares rose on Friday, buoyed by stellar corporate earnings results, but strong oil prices and stalling car sales in Europe were a reminder of headwinds for the world economy.

The STOXX index of 600 European shares was up 0.2 percent at three-week highs. Britain’s FTSE 100 also gained 0.2 percent, the UK blue-chip index having recovered all ground lost since the coronavirus pandemic began in March last year.