European stocks closed on a strong note, rebounding from the previous session's losses, as some encouraging earnings updates and a report from Moderna Inc. saying the laboratory test of a booster dose of its Covid-19 vaccine had shown itself to be effective against the Omicron variant.
Technology stocks moved higher, buoyed by stronger than expected quarterly results from U.S. firm Micron Technology Inc. Higher commodity prices helped lift energy companies and miners. Travel stocks gained amid slightly fading concerns about the effectiveness of vaccines against Omicron.
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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.