European Stocks Rise on Trade Deal Hopes
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European stocks opened higher on Friday, boosted by a new UK-US trade agreement and anticipation of US-China trade negotiations this weekend. The Stoxx Europe 600 index rose 0.4%, with the FTSE 100 and other major European indexes also gaining. This positive start follows Thursday's mostly positive close, despite the FTSE 100's earlier decline. The upcoming US-China talks aim for de-escalation, while the UK-US deal offers tariff concessions on specific goods, including cars and steel.
European stocks opened higher on Friday, boosted by a new UK-US trade agreement and anticipation of US-China trade negotiations this weekend. The Stoxx Europe 600 index rose 0.4%, with the FTSE 100 and other major European indexes also gaining. This positive start follows Thursday's mostly positive close, despite the FTSE 100's earlier decline. The upcoming US-China talks aim for de-escalation, while the UK-US deal offers tariff concessions on specific goods, including cars and steel.
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