European stocks surged on Friday, fueled by optimism surrounding potential easing of trade tensions between the U.S. and China. Automakers led the gains, with the STOXX 600 index climbing 0.9%. Positive sentiment was further boosted by discussions on new U.S. trade proposals and encouraging revenue forecasts from Nike, lifting sportswear stocks like Puma and Adidas.
Originally published by The Economic Times https://economictimes.indiatimes.com/markets