European Markets Show Modest Gains Amid Tensions

European stocks are showing modest gains as investors focus on corporate earnings and economic data, recovering slightly from previous losses amid ongoing geopolitical concerns related to the Russia-Ukraine conflict. The pan-European Stoxx 600 index rose by 0.5%, with notable increases in major indices such as Germany's DAX and France's CAC 40. The U.S. Embassy in Kyiv has closed amid warnings of potential Russian air attacks, adding to the regional tensions following Ukraine's use of U.S.-made missiles against Russia. Meanwhile, earnings reports, including strong results from Sage Group and Severn Trent, are positively influencing market sentiment. Investors are also awaiting significant earnings announcements from Nvidia, which could impact market trends for the upcoming week. Overall, the markets are reacting to a mix of corporate performance and geopolitical developments, with attention to inflation data and central bank commentary shaping future expectations.