European stocks rose on Monday after the US and China agreed to temporarily lower tariffs on each other’s products, triggering a rally across global financial markets.
The Stoxx Europe 600 Index was up 1.2% at the close in London, with mining, consumer and technology sectors leading the advance. Utilities and insurance shares were the biggest laggards.
The pan-European benchmark trailed Monday’s strong rally in US equities as some investors questioned the sustainability of further gains based on positive trade developments. The S&P 500 surged 2.6%, while the Nasdaq 100 jumped 3.1%.
“The real question for investors is whether to ...
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