Europe’s Stoxx 600 edges up in global recovery, earnings relief

Energy and technology stocks lead the way
Europe’s Stoxx 600 edges up in global recovery, earnings relief

Japanese stocks rallied after their plunge into a bear market during the previous day's trading brought them down to key technical levels. Picture: Kiyoshi Ota/Bloomberg

European shares rose on Tuesday, mirroring a recovery in global markets after the previous day's mauling, with energy and technology stocks leading the way as a slew of upbeat corporate earnings also lifted sentiment.

The STOXX 600 closed 0.3% higher, after logging its steepest three-day decline since June 2022 and closing below the key 500-point mark for a second day on Monday on US recession fears.

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