European shares rise as investors focus on corporate earnings

European shares rose on Friday, heading for slight weekly gains, as investors focused on corporate earnings for an indication of the impact of US tariff policies on the business sector.

The pan-European STOXX 600 index rose 0.3% to 548.84 points as of 07:31 GMT, heading for its second consecutive weekly gain.

Other major regional indices also posted slight gains, including Germany’s DAX, France’s CAC 40, and Britain’s FTSE 100.

Wall Street indexes hit record highs on Thursday after strong economic data and positive results showed that US consumers were still spending confidently.