European shares rise on easing US-China trade tensions

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European stocks surged on Friday, fueled by optimism surrounding potential easing of trade tensions between the U.S. and China. Automakers led the gains, with the STOXX 600 index climbing 0.9%. Positive sentiment was further boosted by discussions on new U.S. trade proposals and encouraging revenue forecasts from Nike, lifting sportswear stocks like Puma and Adidas.