European stocks rose to a two-week high on Tuesday, as investors awaited corporate earnings data and any economic clues about the Federal Reserve's interest rate decision this week.

The pan-European STOXX 600 index was up 0.2 percent by 0710 GMT, supported by telecoms and travel stocks.

The European Central Bank is set to adjust its monetary policy on Thursday amid growing expectations of a 25 basis point interest rate cut.

Recent data has suggested that the eurozone economy is in worse shape than when policymakers last met in September.

Ericsson reported third-quarter core earnings and sales that beat expectations as demand for 5G services surged in North America, sending the Swedish company's shares up 8 percent.

Meanwhile, energy stocks fell 2.5 percent, hurt by lower oil prices after a media report said Israel had told the United States it would not bomb Iranian oil facilities, easing market fears of supply disruptions.

TotalEnergies shares fell 3.7 percent after the French oil company forecast lower refining and distribution results in the third quarter due to lower refining margins in Europe and elsewhere.