European stocks rise amid upbeat data as investors watch rising COVID-19 cases

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European stocks rise amid upbeat data as investors watch rising COVID-19 cases
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Stocks were set to finish the week on a stronger note, with investors setting aside some worries about the delta coronavirus variant.

European stocks rose Friday, underpinned by upbeat data, but as investor concerns lingered over rising cases of COVID-19 across the region.

Investors are closely watching rising COVID-19 cases across Europe and the world. Italy will now require individuals to carry health passes that show if they have had one vaccination, have tested negative, or have recovered recently from the virus to enter cultural venues or dine indoors. The European Central Bank on Thursday tweaked its policy guidance after adjusted its inflation target, vowing to keep interest rates lower for longer.

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