0748 GMT - Stock markets rise on increased optimism about easing trade tensions after U.S. President Donald Trump said that he would announce a major trade deal later. People familiar with the negotiations said Trump would announce a framework of a trade deal with the U.K. "The news boosted sentiment across global equity markets, lifting Nasdaq and S&P 500 futures, while also sending FTSE futures and sterling higher in Asian trading," IG analysts say in a note. The pan-European index Stoxx Europe 600 climbs 0.2% to 534.95 while the U.K. FTSE 100 stocks index rises 0.1% to 8,564.7 points and U.S. stock futures point to a higher opening on Wall Street. (miriam.mukuru@wsj.com)
(END) Dow Jones Newswires
May 08, 2025 03:48 ET (07:48 GMT)
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