European stocks closed higher Wednesday after a report that China is willing to discuss a partial trade deal with the U.S.
The pan-European Stoxx 600 closed 0.4% higher to 380.30, with trade-sensitive autos and technology stock baskets leading gains. All sectors except utilities and retail were in positive territory.
Bloomberg reported, citing an official with direct knowledge of negotiations, that China is willing to discuss a potential accord providing no more tariffs are imposed by President Donald Trump's administration, including duties scheduled this month and in December.
Source : CNBC