European shares rise as earnings season looms
European shares edged higher and US futures held steady on Monday as investors looked past oil price volatility. Markets focused on the upcoming third-quarter earnings season and key inflation data. Analysts expect solid profit growth despite lingering economic concerns.
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European shares rose 0.6% on Monday as investors looked past higher energy costs and focused on the upcoming third-quarter earnings season. The advance came even as Brent Crude Oil climbed 1.3% to $106 a barrel following supply risks. Markets are weighing strong profit expectations against looming inflation data from the United States.
