© Reuters. FILE PHOTO: The German share price index DAX graph is pictured at the stock exchange in Frankfurt, Germany, October 8, 2021. REUTERS/Staff
(Reuters) – European stocks inched higher on Tuesday as technology shares rose, mirroring overnight gains in their Wall Street peers and offsetting losses in Sweden’s Ericsson (BS:) and healthcare companies.
The pan-European rose 0.1% by 0708 GMT, with technology stocks up 0.7%.
Telecom equipment maker Ericsson fell 3% as a hit from global supply chain problems overshadowed stronger-than-expected third-quarter core earnings, while French food group Danone slipped 1.3% after recording rising costs and slower sales growth in the third quarter.
Swedish telecoms operator Tele2 was down 2.3% after posting quarterly core earnings in line with market expectations.
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