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tariffsCNBC
•Technology
Technology
73% Informative
European stocks soared on Thursday after U.S. President Donald Trump 's jarring about-turn on most tariffs.
Tensions between Washington and Beijing remain high, however, with Trump ratcheting up duties on goods from China to 125% and citing a "lack of respect" - Auto giants posted sharp gains, with Germany 's Volkswagen , BMW and Mercedes-Benz Group all up more than 9% .
The banking sector notched some of the sharpest gains at the Thursday market open, higher by 8.61% as it recovered from deep declines in previous sessions.
VR Score
84
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92
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12
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English
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57
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