European shares close out best week since June as earnings soften blow from tech selloff

Economic Times - Oct 17, 2026

European shares rose significantly due to robust earnings across multiple sectors, providing a buffer against a global tech stock decline. The STOXX 600 index climbed by 0.7%, achieving its best performance since June. Companies like Aixtron and Nordex marked impressive gains, while the tech sector displayed noteworthy stability. With the euro zone's inflation rate reaching 3.

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