European shares post best week
European shares rose on Friday to close out their best week since June. Strong corporate earnings helped offset a global selloff in technology stocks. Meanwhile, the eurozone inflation reading met expectations.
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European shares rose 0.7% on Friday, wrapping up their best week since late June as strong corporate earnings helped offset a global tech selloff. The pan-European STOXX 600 index climbed to 644.74 points, touching its highest level in over three weeks. The benchmark gained more than 2% over the week.
