Stock Markets Gain As China Mulls US Tariff Talks
European and Asian markets rose on Friday, tracking Wall Street gains, as China said it was considering a US offer to negotiate steep tariffs.
US markets had forged higher Thursday following strong results from tech giants Microsoft and Meta that helped offset lingering economic worries.
"Equity markets are largely rising this morning boosted by the positive overnight performance on Wall Street amid China's openness to trade negotiations," said Deutsche Bank managing director Jim Reid.
"This is outweighing concerns about the effect of tariffs, which were initially triggered by disappointing earnings from Apple and Amazon," he added.
US giants Apple and Amazon both reported disappointing outlooks, as tariffs knock business confidence, after markets closed on Thursday.
In Europe, Paris and Frankfurt rose over one percent after the public holiday, as markets........
© International Business Times
