UPDATE 1-European shares at record high as cross-Atlantic trade tensions abate [Reuters (UK)]
BHP Group Limited American Depositary Shares (Each representing two Ordinary Shares) (BHP)
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Source: Reuters
European shares at record high as cross-Atlantic trade tensions abate - Reuters 3 Min Read (Reuters) - European shares touched a record high on Friday after EU Trade Commissioner Phil Hogan struck a positive tone on talks with Washington, soothing some concerns over a possible escalation in trade tensions between the cross-Atlantic allies. The pan STOXX 600 index rose as much as 0.8% to a record high of 423.80, and was set to mark its best week since late-December. Hogan said on Thursday that he had a good exchange of views with U.S. Trade Representative Robert Lighthizer in Washington, underscoring Brussels’ desire to negotiate solutions for several open trade disputes between the United States and the EU. The meeting is a step forward in addressing long-standing issues such as a French digital tax and aircraft subsidies. It also added to investor optimism after the United States and China signed an interim trade deal earlier in the week. “The positive comments surrounding one of the
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