Adidas and luxury goods giant Louis Vuitton pull European shares higher

Investors put aside concerns over conflict in the Middle East for now

Consumer companies as diverse as Adidas and luxury goods giant Louis Vuitton LVMH posted earnings that lifted investors' spirits

European stock markets gained despite the conflict in the Middle East after consumer companies as diverse as Adidas and luxury goods giant Louis Vuitton LVMH posted earnings that lifted investors' spirits.  

The continent-wide Stoxx 600 ticked higher, after notching its biggest one-day drop in over nine months in the previous session. Adidas shares soared 8.6% to an over two-year high, topping Germany's blue-chip index, as the sportswear company hiked its outlook for 2024 after posting better-than-expected preliminary results for the first quarter.