Travel stocks lead European shares higher as airlines soar

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Travel stocks lead European shares higher as airlines soar via IrishTimesBiz

dropped 4.2 per cent after it said the spread of the Omicron coronavirus variant dented shopper numbers in December.was among the top midcap gainer, up 7.8 per cent, and said it expects full-year profits above market expectations, as its trademarkThe broad Stoxx 600 index has struggled for direction this week as investors fretted over soaring inflation and eventual policy tightening this year. Positive earnings updates and commodity-linked gains, however, aided sentiment.

would aggressively raise interest rates to tame inflation. Recovering somewhat from Wednesday’s selloff, growth companies such asgained 2.5 per cent and 3.8 per cent, respectively. The S&P 500 consumer discretionary, technology and communication services were the sectors that gained the most on the benchmark index., which is set to kick off earnings for big growth companies after market close, rose 1.4 per cent .

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