Europe’s earnings rebound lifts stocks as energy fears ease
TL;DR Summary
European equities rebound on a standout Q2 earnings season—roughly 22% year‑over‑year growth for the Stoxx Europe 600—driven by banks and chipmakers as energy prices ease. July fund inflows into Europe (BlackRock reporting $4.4bn) reflect renewed investor appetite and a view of Europe as a diversification hedge against volatile US tech, helping major indices to fresh highs. Eurozone growth came in at 0.4% in Q2, underscoring optimism that earnings momentum can persist into 2026.
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