(For a Reuters live blog on U.S., UK and European stock
markets, click LIVE/ or type LIVE/ in a news window)
July 23 (Reuters) - European stocks rose on Friday and were
on track to close the week higher, as optimism about the
earnings season and the European Central Bank's pledge of
continued monetary support outweighed risks of a resurgence in
The pan-European STOXX 600 index rose 0.4% by 0719
GMT to trade at over one-week high.
Automakers were the top gainers in early trading.
French car parts maker Valeo jumped 8.1% after it
posted higher first-half sales and profit, and said it expected
the shortage of key technology chips to ease.
Peers Faurecia and Continental AG rose
5.6% and 3% respectively.
Rafale jets maker Dassault Aviation climbed 7.1%
on reporting higher sales and profits in the first half of the
year, while UK mobile operator Vodafone rose 2.6% after
reporting a better-than-expected 3.3% rise in first-quarter
Early readings of IHS Markit's July manufacturing and
services sector activity for the euro zone and United Kingdom
are due later in the day, with numbers expected to slip from
compared with strong June data.
(Reporting by Sruthi Shankar in Bengaluru; editing by Vinay