ZCZC
BCN-25
STOCKS-EUROPE-OPEN
European stocks rally on US-China trade truce
LONDON, Dec 3, 2018 (BSS/AFP) – Europe’s major stock markets surged at the
start of trading on Monday after China and the United States clinched a trade
war truce.
In initial deals, London’s FTSE 100 index jumped 1.5 percent to 7,087.36
points.
In the eurozone, Frankfurt’s DAX 30 soared almost 2.5 percent to 11,534.75
points and the Paris CAC 40 rose 2.2 percent to 5,112.58.
US President Donald Trump and his Chinese counterpart Xi Jinping agreed in
a meeting at the G20 on Saturday to suspend any new tariffs in the trade war
between the world’s two largest economies pending talks to resolve their
differences.
BSS/AFP/HR/1415