European stocks rise on tech gains
European stocks rose at the end of Friday's session, supported by gains in technology shares and better-than-expected earnings results, while assessments continue of the impact of rising oil prices on monetary policy in the Eurozone. The Stoxx 600 index advanced by 0.6%, and the European technology index increased by 1.7%, recovering some of its recent losses, despite challenges related to investment financing and growth in the artificial intelligence sector. On the monetary front, some policymakers at the European Central Bank are likely considering the possibility of raising interest rates again to curb inflation risks, despite their recent decision to keep them unchanged.
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