European shares close out best week since June as earnings soften blow from tech selloff
European shares rose 0.7% on Friday, ending their best week since June. Strong earnings from ASML, Aixtron, and Ericsson offset a tech selloff. STOXX 600 companies' Q3 earnings are expected to rise 20.7% YoY. Aixtron and Nordex gained 6% and 12.3% respectively, while Schneider Electric fell 1.8%. Eurozone inflation remained high at 3.8% YoY.




