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Home News European Shares Rise Amid Mixed Earnings and Economic Data Wait

European Shares Rise Amid Mixed Earnings and Economic Data Wait

by Barbara

European shares rose on Wednesday as investors evaluated mixed corporate earnings and anticipated key economic data, capping a volatile month influenced by U.S. trade policies.

The pan-European STOXX 600 index climbed 0.4% by 0716 GMT, though it was still on track to post a second consecutive monthly decline if the current trend holds.

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Most regional indexes traded in positive territory, except for Spain, which fell 0.5%.

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The European benchmark index has recovered more than half of the losses it suffered earlier this month, when it dropped nearly 18% from record highs due to concerns over a global recession triggered by U.S. President Donald Trump’s import tariffs.

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Barclays shares rose 2.3% after the British bank reported a better-than-expected 19% increase in first-quarter profits.

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Danish logistics firm DSV saw a 9.6% boost in its stock after completing the acquisition of Germany’s Schenker and outlining potential benefits from the deal.

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On the other hand, Swedish steelmaker SSAB dropped almost 5% following a 57% plunge in its first-quarter operating profit.

Investors are also awaiting economic growth data for France, Germany, and the broader eurozone, set to be released later in the day.

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