European shares rise as French stocks rebound
European shares rose as French stocks rebounded from previous losses while investors assessed comments from Federal Reserve Chair Kevin Warsh. Meanwhile, French economic data showed weaker momentum.
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European shares rose 0.5% on Friday afternoon, led by a rebound in France as investors digested central bank commentary from United States Federal Reserve Chair Kevin Warsh. The pan-European STOXX 600 index closed at 655.16 points, posting a weekly gain after two consecutive declines. The recovery comes as traders weigh persistent geopolitical risks and regional economic headwinds.
