European shares rise as upbeat earnings blunt virus fears

Capt. John

European stocks rose on Monday as strong earnings updates from Swiss wealth manager Julius Baer and Dutch firm Philips overshadowed worries about fresh coronavirus restrictions across the continent. The pan-European STOXX 600 index .STOXX advanced 0.6%, resuming gains after last week’s small losses. Julius Baer BAER.S gained 5.1% after it indicated an improvement in profitability …

The post European shares rise as upbeat earnings blunt virus fears first appeared on Hellenic Shipping News...

https://www.hellenicshippingnews.com/european-shares-rise-as-upbeat-earnings-blunt-virus-fears/

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