European equities close higher on AI optimism

European stocks closed broadly higher on Friday with stocks from several sectors finding fairly good support ahead of quarterly earnings updates due from early next week. Although higher oil prices weighed on sentiment, easing concerns about interest rates and AI-related investments rendered the mood positive.

Oct 16, 2026 - 21:00
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European equities close higher on AI optimism
European stocks closed broadly higher on Friday with stocks from several sectors finding fairly good support ahead of quarterly earnings updates due from early next week. Although higher oil prices weighed on sentiment, easing concerns about interest rates and AI-related investments rendered the mood positive.

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