MILAN (Reuters) - European shares rose in early trading on Tuesday helped by stronger defensive stocks, as the focus turned to the start of the reporting season which is expected to deliver double-digit earnings growth for the third quarter.
The pan-European STOXX 600 <.STOXX> index was up 0.2 percent by 0714 GMT, after hitting a 22-month low in the previous session on the back of risings U.S. Treasury yields and a mix of geopolitical tensions.
Defensive stocks such as utilities <.SX6P> and telecoms <.SXKP> led sectoral gainers with Italian utility Enel
Despite the bounce some caution remained after a turbulent week that saw the STOXX post its worst week since February.
"Investors are... struggling with the ongoing U.S.-China trade war, Brexit talks, Italy's budget clash with Brussels, EM slow down, and the most recent geopolitical tensions between Saudi Arabia and the U.S.," said FXTM strategist Hussein Sayed.
Merlin however fell 7.3 percent after its trading update.
(Reporting by Danilo Masoni; Editing by Keith Weir)