European stocks rose for the third straight session on Wednesday amid expectations of a vaccine-powered strengthening of activity later in the year and additional policy support in a few large economies. Strong earnings from Alphabet and Amazon.com also boosted sentiment.
The pan European Stoxx 600 rose half a percent to 408.12 after gaining 1.3 percent on Tuesday. The German DAX gained half a percent, France's CAC 40 index inched up 0.3 percent and the U.K.'s FTSE 100 was up 0.2 percent.
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Business News
May 15, 2026 15:25 ET Apart from the confirmation of Kevin Warsh as the next Fed chair, the main news on the economics front this week included key price data from the U.S. and the first quarter economic growth figures from major economies. Both consumer prices and producer costs have started to reflect the effect of supply shocks due to the Middle East conflict. In Europe, GDP data was in focus, while inflation data from China dominated the news flow in Asia.