Europe's major stock markets rebounded at the open on Friday, after a sharp-selloff that was sparked by the China-US trade war and global economic worries.[LONDON] Europe's major stock markets rebounded at the open on Friday, after a sharp-selloff that was sparked by the China-US trade war and global economic worries.
In opening deals, London's benchmark FTSE 100 index of leading blue-chip companies rose 0.4 per cent to 7,259.59 points.In the eurozone, Frankfurt's DAX 30 jumped 0.6 per cent to 12,027.31 points, while the Paris CAC 40 gained 0.5 per cent to 5,307.80 compared with closing levels on Thursday."If the morning's gains are predicated on anything beyond a post-plunge rebound, it is likely Donald Trump's latest comments," said Spreadex analyst Connor Campbell.
"President Trump's latest comments, after slumping markets, offered hope for some potential progress at the June G20 meeting," Barclays analysts said in a research note.
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