European Stocks Rise as Novo Nordisk Rebounds Amid Auto Sector Weakness

European stocks rose 0.9% at the end of the week, driven by a 5.3% rebound in Novo Nordisk due to an upgrade from "sell" to "buy." The automotive sector struggled, with Stellantis plummeting 25% after announcing a €22 billion restructuring charge. Vinci Group rose 9.9% due to strong performance forecasts for 2025. European equity funds attracted $4.2 billion, the largest inflow since April.