European stocks are growing in the hope of a trade war between China and America

Merchants on the Frankfurt Stock Exchange on October 9, 2018.

LONDON (Reuters) – European stocks have rebounded on Tuesday hoping it could lead to a US-China trade war and a UK exit deal.

The European index Stoxx 600 rose 0.7 percent in the overall recovery and the German DAX rose by 1.3 percent as investors turned to some strong results and technological inventories recovered.

The mood for trade was backed by the news that China's top trade negotiator is preparing to visit the United States before meeting the world's two largest economies.

The European Technology Index jumped by 1.7 percent.

The telecom sector index ended on a 2.3 percent gain list, with Vodafone jumping 7.8 percent.

Yahya Islam Preparation for an Arabic Publication

Source link