"European Stocks" German DAX rebounds nearly 1% Adidas performance improves by 50%
Corporate quarterly results remain a key focus for the market, and European stock markets performed well on Friday. The pan-European STOXX 600 index rose 0.7%.
German sportswear brand Adidas reported operating profits last quarter that exceeded expectations, with its stock price rising about 5%. The German DAX index increased by 219 points or 0.9%, closing at 24,529 points.
The UK FTSE 100 index rose by 44 points or 0.4%, closing at 10,216 points.
The French CAC 40 index rose by 57 points or 0.7%, closing at 8,129 points
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