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European shares extend rally as oil stocks climb higher

Reuters  |  LONDON 

LONDON (Reuters) - European shares edged higher on Tuesday as global markets extended their recovery rally with investors putting trade war worries on the back burner for now as attention turned to a corporate earnings season expected to deliver solid results.The pan-European STOXX 600 index rose 0.1 percent by 0730 GMT, set for its sixth straight day of gains as strong commodities sectors continued to support the market. Oil stocks were the biggest boost to the index, up 0.9 percent as crude prices climbed on concerns over potential supply shortages. Disappointing results caused some of the ...

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First Published: Tue, July 10 2018. 13:35 IST