|Day's Range||20,244.99 - 20,463.83|
|52 Week Range||20,244.99 - 22,166.80|
Europe’s bourses head higher Friday as investors appear to find some buying appetite as President Donald Trump moderates his tactics against Huawei Technologies Inc., signaling some softening in U.S.-China trade animosities
European markets traded in the red on Thursday, as the U.S. and China are set to brace themselves for a prolonged trade standoff.
European stocks stumbled Monday as trade tensions kicked off the week, dragging global markets lower, with technology and apparel makers under pressure on the continent. Italy’s FTSE MIB (IT:I945) plunged 2.8% amid increased political tensions, after Deputy Prime Minister Matteo Salvini led a rally Saturday ahead of European elections, vowing to take on the region’s mainstream leaders. In Germany, the DAX (DX:DAX)(DAX) declined 1.8% to 12,013.75, adding to its woes Friday when it swooned 0.6%.
The U.S. equities rise as strong earnings and data support the market, but the gains were capped by escalating trade tensions.
Equity markets rebounded in Tuesday trading but trade concerns are still present and dragging on sentiment.
Tariffs rise to 25% and U.S. equities fall, elsewhere in the world markets rise as traders remain hopeful a trade deal will be reached.
Europe stocks join a global equity selloff triggered by fresh doubts over the U.S. and China getting a trade deal done.
The U.S. Labor Data is much better than expected and the indices move higher. Earnings and the FOMC are also in focus.
Global equites are mixed as traders brace for earnings, an FOMC meeting, and a round of important economic data.