Europe Markets: Europe stocks rebound to close higher as Trump softens stance on China trade

European stocks rallied on Wednesday, reversing an earlier loss as fears of a full-blown global trade war eased after U.S. President Donald Trump softened his harsh tone on Chinese investments in the U.S.

What are markets doing?

The Stoxx Europe 600 index SXXP, +0.72% rose 0.7% to close at 379.97, after being down as much as 0.8% earlier in the day.

The U.K.’s FTSE 100 index UKX, +1.11% gained 1.1% to 7,621.69, while Germany’s DAX 30 index DAX, +0.93% climbed 0.9% to 12,348.61. France’s CAC 40 index PX1, +0.87% advanced 0.9% to 5,327.20.

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