Global stock markets rise as China-US trade tensions ease
by Richard Partington from on (#537JM)
Oil price rises and shares end week on a high despite growing economic damage from coronavirus pandemic
Global markets rose on Friday despite mounting economic damage from the coronavirus pandemic, as tensions eased between the White House and Beijing.
Share prices on Wall Street and in Europe ended the week on a high amid rising hopes that lockdown measures could be lifted soon to reboot growth and that a full-blown global trade war could be averted.
Related: US Nasdaq index recovers all of 2020's losses triggered by Covid-19
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