European stocks closed broadly higher on Thursday as investors indulged in some buying at several counters, shrugging off concerns about inflation and worries about imminent interest rate hikes.
Investors also digested a slew of earnings announcements and economic data from the region, and monitored updates about the tensions between the Russia and Ukraine.
The pan European Stoxx 600 climbed 0.51%. Germany's DAX gained 0.65% and France's CAC 40 gained 0.3%, while the U.K.'s FTSE 100 edged down 0.06%. Switzerland's SMI ended 0.28% up.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.