Europe Markets: European stocks rally as Trump hints at softening Huawei ban; U.K.’s May quits [MarketWatch]
CASINO GHRD PRCN S/ADR (CGUSY)
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Source: MarketWatch
European stocks rally as Trump hints at softening Huawei ban; U.K.’s May quits Europe’s bourses headed higher Friday as investors appeared to find some buying appetite as President Donald Trump moderated his tactics against Huawei Technologies Inc., signaling some softening in U.S.-China trade animosities. The Stoxx Europe 600 index SXXP, +0.70% climbed by 0.7% to 376.51 on Friday, after tumbling by 1.4% the previous day. In Germany, the DAX DAX, -1.26% added 0.9% to 12,053.70, France’s CAC 40 PX1, +0.78% advanced 0.9% to 5,326.34 and Italy’s FTSE MIB I945, +1.31% jumped by 1.6% to 20,461.96. Meanwhile, the U.K.’s FTSE 100 UKX, +0.74% moved up by 0.8% at 7,288.56, following a sharp drop the day before for the British bourse. The pound GBPUSD, +0.1027% rebounded to $1.2674 from $1.2657 the previous day. The euro EURUSD, +0.0984% also edged up to $1.118, after finishing at $1.1181 on Thursday. The share price of Casino Guichard-Perrachon SA 0HB1, +10.91% shot up
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