Strong growth in European stock markets after the announcement of tariff reductions against China

Stock prices rose sharply on European stock exchanges today, as they rose yesterday on Wall Street, as investors hope for an easing of trade tensions between the US and China.

The STOXX 600 index of major European shares rose 1.8 percent at 9:30 a.m., strengthening for the second day in a row.

At the same time, London's FTSE index rose 1.02 percent to 8,415 points, while Frankfurt's DAX jumped 2.15 percent to 21,750 points, and Paris' CAC rose 1.43 percent to 7,430 points.

Share prices also rose on Asian markets. The MSCI Asia-Pacific index rose 0.7 percent.

At the same time, Japan's Nikkei index strengthened 1.9 percent, while stock prices in Shanghai, Australia, South Korea and Hong Kong rose between 0.1 and 2.4 percent.

Investors in global stock markets were encouraged by yesterday's strong growth on Wall Street.

The Dow Jones index rose 2.7 percent, while the S&P 500 rose 2.5 percent and the Nasdaq index rose 2.7 percent.

With this jump, the indices made up for all the losses from the previous day, when investors were worried by US President Donald Trump's harsh attack on Fed Chairman Jerome Powell.

However, Trump said yesterday that he has no plans to remove Powell, he simply wants lower interest rates.

Investors were also encouraged by Treasury Secretary Scott Bessent's statement that he believes trade tensions between the U.S. and China will ease, although negotiations with Beijing have not yet begun and are likely to be slow.

"The easing of US-China tensions, thanks to Bessent's comments, has pushed the market higher," said Ryan Detrick, strategist at Carson Group.

Trump later said he wanted a deal with China and that the tariffs would not be close to 145 percent, but not 0 percent either.

Happening now...

00:03 crossword

Free scheme December 19

22:35 KOSOVA

Kosovo, police operation against corruption, Svecla: Several senior public officials have been arrested, including a former minister

22:34 POLITICS

Rama tells his version of the "May 17" meeting with Basha: He got everything he asked for with Berisha's blessing

22:14 POLITICS

Redi Muçi: We will not join forces with the Democratic Party, Lapaj and Shehaj

22:13 POLITICS

Rama on Berisha: He embodies negative radiation, the ultra-fanatic communist turned into...

21:59 POLITICS

Rama speaks to "The Observer": Albania can help the EU survive, if it sits us at the table

21:55 POLITICS

Nikoll Lesi's strong statement: The opposition is preparing a violent protest on Monday

21:53 POLITICS

Rama "returns" 35 years later: I had no desire to get involved in politics

21:45 POLITICS

Klodiana Lala shpjegon pse SPAK e do patjetër Ballukun të arrestuar

21:30 BOTA

"The reaction will be devastating", Rutte: Ukraine will be the first line of defense

Nga Blendi Kajsiu 21:24 ideas

"Preliminary sentence for Belinda Balluku", response to Baton Haxhiu

Nga Blendi Kajsiu

21:19 POLITICS

Petro Koçi: Rama's criticism of SPAK could have been avoided!

21:14 POLITICS

"There is talk that Belinda Balluku has fled", Belind Këlliçi: From the information we have, it appears that the Deputy Prime Minister is not within the country

21:13 POLITICS

Belinda Balluku's positions in relation to justice are becoming more serious! In addition to tenders, under investigation for a concession. SPAK: Risks destroying evidence

Want to read more news