Earnings nudge European stocks higher, virus concerns limit gains

European stocks inched higher on Friday, boosted by positive earnings updates from Barclays and carmakers, while nagging concerns about the economic impact of surging COVID-19 cases put markets on course for weekly losses. The pan-European STOXX 600 index rose 0.2% by 0711 GMT, with Asian markets stuck in a trading range as investors treaded with caution with less than two weeks to go before the U.S. presidential election. London’s FTSE 100 was supported by a 2.8% jump in Barclays after it reported much better than expected quarterly earnings.