European Stocks Rebound Amid Inflation Data Anticipation
European stocks rebounded on Friday after experiencing a sharp sell-off the previous day. The recovery came as investors awaited crucial inflation data and a US jobs report for clues about future monetary policy decisions.
The pan-European STOXX 600 index rose by 0.4% to 629.18 points, following a 1.3% drop on Thursday. This marked the lowest level in over three months amid a surge in global government bond yields to multi-year highs.