Basic resources stocks added 1.8% to lead gains as most sectors and major bourses advanced. The pan-European Stoxx 600 was provisionally 0.4% higher at the closing bell, with positive news on the trade war outweighing weak economic data out of the euro zone. Intuit slid more than 4% and was among the broad index’s worst-performing stocks on the back of disappointing earnings guidance.Įuropean stocks closed in positive territory on Friday as investor optimism was largely lifted by developments in ongoing U.S.-China trade negotiations. The stock was also the best performer in the S&P 500. In corporate news, Nordstrom rallied more than 10% on better-than-expected earnings. services and manufacturing sectors also rose. The index rose to 96.8 from 95.5 in October. On the data front, consumer sentiment for November came in better than expected. The Dow Jones Industrial Average climbed 109.33 points, or 0.4% to 27,875.62. Stocks rose slightly on Friday, but posted their first weekly decline in over a month amid lingering worries around U.S.-China trade talks. Stocks post three-day losing streak European stocks close lower amid mixed signal on U.S.-China trade European stocks close higher as investors track trade and key euro zone data
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