European stocks closed sharply higher Friday as investors tracked positive signals around U.S.-China trade talks and Brexit.
The pan-European Stoxx 600 closed up by more than 2% to 391.61, with bank shares soaring close to 5% higher as most sectors and all major bourses traded in positive territory.
Day one of trade talks between top U.S. and Chinese negotiators ended with markets hoping for a limited trade deal and a delay to planned increases in U.S. tariffs planned for next week. U.S. President Donald Trump characterized the discussions as “very, very good” and plans to meet with Chinese Vice Premier Liu He at the White House on Friday.
Source : CNBC