Mining Stocks Rally on U.S.-China Talks, But European Markets Edge Lower

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Mining Stocks Rally on U.S.-China Talks, But European Markets Edge Lower

Mining stocks rallied after the U.S. and China resumed economic talks in Washington but the U.K.’s FTSE 100 and other European markets slipped early Friday. Rio Tinto stock climbed 3.6% in early trading after being upgraded to Overweight from Equal Weight by Morgan Stanley.