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European shares rise on upbeat earnings reports

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European shares rose on Tuesday after Asian markets rallied on optimism about China's economy, while upbeat earnings reports from miner Rio Tinto and computer peripherals maker Logitech boosted sentiment.

FILE PHOTO: The German share price index DAX graph is pictured at the stock exchange in Frankfurt, Germany, January 15, 2021. REUTERS/Staff

The pan-European STOXX 600 index gained 0.4% by 0809 GMT, while Germany’s DAX and France’s CAC 40 gained 0.4% and London’s blue-chip index rose 0.7%.

 

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