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1/9, 5:36 PM (Source: TeleTrader)
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Europe closes higher as US, China trade talks finish

European markets closed in the green on Wednesday as trade talks between China and the United States wrapped up in Beijing. Hopes of a resolution to the trade war between the world's largest economies boosted stocks as US and Chinese officials stretched out negotiations for the third day with results expected to be released on Thursday.

The DAX climbed 0.83% with Fresenius Medical Care jumped 3.86%. Meanwhile in Paris, the CAC 40 added 1.02% as automaker Valeo sored nearly 6%. The FTSE 100 gained 0.66%; housebuilding company Taylor Wimpey surged 6.16% after it reported a 3% rise in sales during 2018. The euro advanced 0.78% against the dollar at 5:40 pm CET, buying 1.1528.

Breaking the News / JC