European stocks rise on trade deal optimism
European stock markets rose on the last trading day of the week on signs of improving trade relationships between the U.S. and China.
The Stoxx Europe 600 index provisionally closed up 1.1%. Regionally, the U.K.’s FTSE 100 rose 0.7% while Germany’s DAX and France’s CAC 40 were up by 1.5% and 1.8%, respectively.
European auto stocks were among the biggest gainers, but shares of Barclays and Deutsche Bank also hit decade highs.
source: cnbc.com
