LONDON—Strong earnings at Credit Agricole and Lufthansa lifted stocks on Thursday as tension over Nancy Pelosi’s visit to Taiwan eased and markets bet the Bank of England will hike interest rates by the largest amount since 1995 to quell inflation.
The STOXX index of leading European companies gained 0.33 percent after German airline Lufthansa returned to an operating profit, while French bank Credit Agricole joined the growing roster of better-than-expected earnings at banks.
