European shares hit two-week high as investors gauge earnings, economic data

European shares hit a two-week high, with STOXX 600 up 0.2% while FTSE 100 slipped 0.2%.

UK economy grew 0.3% in Q2, beating the 0.1% forecast.

Global stock rally fueled by expectations of a U.S. rate cut next month.

Embracer and Carlsberg shares fell on disappointing earnings.