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

European markets climb 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 0.53% higher at 12:53 p.m. London time. Regional bourses and sectors were also all trading in positive territory. Mining stocks led gains and added 1.43%, while travel and leisure stocks added 1.27%.

Stock picks and investing trends from CNBC Pro:

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.



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