European stocks advanced on Friday after a selloff in the previous session following ECB's hawkish surprise, as soaring inflation outweighs concerns about Russia's invasion of Ukraine.
The pan European Stoxx 600 climbed 0.6 percent to 429.86 after declining 1.7 percent in the previous session.
The German DAX jumped 1.2 percent, France's CAC 40 index rose half a percent and the U.K.'s FTSE 100 was up 0.9 percent.
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Business News
June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.