European markets rise as U.S., Asia-Pacific stocks bounce back

Commercial office buildings in the City of London, UK, on Monday, Aug. 5, 2024.

Betty Laura Zapata | Bloomberg | Getty Images

LONDON — European markets were higher on Friday as they looked to shake off recent choppiness and follow Wall Street and Asia-Pacific stocks higher.

The pan-European Stoxx 600 was last 0.27% higher at 1:32 p.m. London time, pulling back slightly from earlier gains. Regional bourses and sectors were mixed. Mining stocks were last up 1.14%, while autos dipped by 0.26%.

European markets

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Back in Europe, Hargreaves Lansdown and Lanxess are set to report quarterly earnings. On the data front, final July inflation prints are expected from Germany and Italy.

Source – CNBC