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European stocks climb on investor optimism over economic growth

The Stoxx 600 Europe Index added 0.2% by 8:05 a.m. in London, with miners, consumer products and technology sectors outperforming.

Traders before the opening of the German stock exchange in front of the empty DAX board, at the stock exchange in Frankfurt, Germany. (Photo: Reuters)
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. (Photo: Reuters)

Macarena Munoz | Bloomberg
European stocks edged higher Friday, trimming some of this week’s losses, amid easing concerns about economic recovery and that tapering will be too quick.

The Stoxx 600 Europe Index added 0.2% by 8:05 a.m. in London, with miners, consumer products and technology sectors outperforming. 

The main European benchmark is on track for a second weekly loss, the first time since the end of April, as investors reduced their risk allocations amid fears that central banks’ stimulus measures might get pulled back quickly. But while the European Central Bank on Thursday said it will slow down the pace of its pandemic bond-buying program,