No Big Tech, No Problem. European Stocks Are Rising.

European stocks made gains early Friday, unburdened by the Big Tech weakness dragging down U.S. equities. The pan-European Stoxx 600 Index rose 0.4% in morning trading, while S&P 500 futures were down 0.4%. The Stoxx 600 hit a three-month low earlier this week as geopolitical tensions between Russia and Ukraine escalated, with both countries trading missile strikes.