European Stocks Gain Momentum on Upbeat Earnings and Moderate Inflation Data
Key Points: European stocks edged higher on positive earnings and moderate U.S. inflation figures. Several companies reported significant gains, including CRH, NN Group, Subsea 7, Moncler, and Universal Music Group. Amadeus faced a decline after reports of competition for payments processor Shift4 Payments. Grifols and Aixtron experienced substantial losses due to declining profits and forecasts below expectations. European stocks displayed resilience on Thursday, propelled by positive earnings reports and in-line U.S. inflation figures. Germany's benchmark index, the DAX, touched a...