European stocks rose modestly on Thursday to extend gains for the third straight session as positive Chinese trade data and hopes of a large stimulus under the Biden administration helped outweigh concerns over rising Covid-19 infections and the resultant lockdowns.
Investors shrugged off the first calculation from Destatis showing that the German economy suffered a deep recession after a ten-year growth period.
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Business News
May 22, 2026 14:46 ET Minutes of the latest Fed policy session was the highlight of the week along with survey data on the U.S. housing market. In Europe, survey data signaled the trends in the euro area private sector. Further, consumer price inflation data from the U.K. was in focus. In Asia, various economic indicators from China drew attention to the health of the economy.