{"id":59277,"date":"2025-05-02T09:02:27","date_gmt":"2025-05-02T09:02:27","guid":{"rendered":"https:\/\/www.pantheregroup.com\/2025\/05\/02\/european-shares-rally-as-trade-tensions-ease\/"},"modified":"2025-05-02T09:02:27","modified_gmt":"2025-05-02T09:02:27","slug":"european-shares-rally-as-trade-tensions-ease","status":"publish","type":"post","link":"https:\/\/www.pantheregroup.com\/2025\/05\/02\/european-shares-rally-as-trade-tensions-ease\/","title":{"rendered":"European Shares Rally As Trade Tensions Ease"},"content":{"rendered":"<div style=\"text-align:center\"><\/div><p> \n<\/p>\n<div id=\"ctl00_CPI_dvBody\">\n<p> European stocks climbed on Friday as most regional <span class=\"landLinks\">markets<\/span> resumed trading after a holiday on Thursday for May Day. <\/p>\n<p>Investors cheered signs of easing Sino-U.S. tensions after China said it has kept the door open for discussions with the United States.<\/p>\n<p>At the same time, Beijing noted that the U.S. needs to show &#8220;sincerity&#8221; in negotiations and should be prepared to cancel its unilateral tariffs.<\/p>\n<p>In economic releases, Eurozone unemployment and inflation data as well as the all-important U.S. jobs report are due later in the session.<\/p>\n<p>The pan-European STOXX 600 was up 0.9 percent, the German DAX rallied 1.5 percent and France&#8217;s CAC 40 surged 1.4 percent. <\/p>\n<p>The U.K.&#8217;s FTSE 100 was up 0.8 percent after finishing marginally higher on Thursday. <\/p>\n<p>In corporate news, education company Pearson fell 2.7 percent after underlying group sales rose 1 percent in the first quarter.<\/p>\n<p>ING surged 4.7 percent. The bank announced a fresh buyback of \u20ac2 billion after reporting a strong set of results for Q1.<\/p>\n<p>Similarly, energy giant Shell rallied 3.3 percent on share buyback news.<\/p>\n<p>Denmark&#8217;s Danske Bank jumped 3.6 percent after reporting forecast-beating first-quarter profits.<\/p>\n<p>BASF SE declined about 2 percent. The chemical giant has warned that it needs more time to assess the impact of U.S. tariffs. <\/p>\n<\/p>\n<p>Business News<\/p>\n<\/div>\n<p><script type=\"text\/javascript\">\n        window.fbAsyncInit = function () {\n            FB.init({\n                status: true,\n                cookie: true,\n                xfbml: true\n            });\n        };\n        (function (d) {\n            var js, id = 'facebook-jssdk'; if (d.getElementById(id)) { return; }\n            js = d.createElement('script'); js.id = id; js.async = true;\n            js.src = \"https:\/\/connect.facebook.net\/en_US\/all.js\";\n            d.getElementsByTagName('head')[0].appendChild(js);\n        }(document));\n    <\/script><br \/>\n<br \/>\n<br \/>European Shares Rally As Trade Tensions Ease<\/a><br \/>\n<br \/>2025-05-02 09:02:27<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>European stocks climbed on Friday as most regional markets resumed trading after a holiday on Thursday for May Day. Investors cheered signs of easing Sino-U.S. tensions after China said it&#8230;<\/p>\n","protected":false},"author":2,"featured_media":59278,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/images.unsplash.com\/photo-1531412501799-1b4c354ca957?ixid=MXwxMjA3fDB8MHxwaG90by1wYWdlfHx8fGVufDB8fHw=&ixlib=rb-1.2.1&auto=format&fit=crop&w=2734&q=80","fifu_image_alt":"","footnotes":""},"categories":[29],"tags":[],"class_list":["post-59277","post","type-post","status-publish","format-standard","has-post-thumbnail","category-euro-markets"],"_links":{"self":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/59277","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/comments?post=59277"}],"version-history":[{"count":0,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/59277\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media\/59278"}],"wp:attachment":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media?parent=59277"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/categories?post=59277"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/tags?post=59277"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}