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European stocks rose on Friday, led by defensive and technology names, as investors pivoted to safer bets amid growing worries that tighter monetary policies and surging inflation would cause a global recession. The pan-European STOXX 600 rose 2.62 percent after hitting a fresh low for this year in the previous session when weaker-than-expected eurozone business activity data weighed on sentiment. The benchmark rose 2.4 percent for the week, boosted by technology, personal and household goods, and healthcare sectors. Trading has remained volatile in recent days as investors fear that rising interest rates and soaring inflation will sharply slow earnings and economic growth, sending

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