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Stock Markets Close Out Turbulent Week With Gains

11 0
01.02.2025

European and Asian stock markets mostly rose Friday, the end of a week beset by volatility after China's DeepSeek unveiled an artificial intelligence model to rival those of US tech giants.

Confirmation from US President Donald Trump that the world's biggest economy would impose hefty tariffs on Canada and Mexico from this weekend added to the economic unrest felt around the globe, pushing haven investment gold to fresh record highs Thursday.

Following sharp losses for equities early in the week as tech stocks plunged, markets have recovered somewhat thanks to positive earnings and company strategy updates.

London's benchmark FTSE 100 hit fresh highs Friday, helped by an 11-percent jump in the share price of Smiths Group after the British........

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