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Global markets edge higher amid US-China détente and strong earnings
European indices rose 1% as optimism grew over US-China trade talks and solid corporate earnings, boosting risk sentiment across equities and commodities.
European and Asian equities traded higher as investor sentiment improved following signs of a US-China trade détente and robust Q3 corporate earnings. The STOXX Europe 600 gained 1% while FTSE 100 added 0.8%. Investors rotated into industrials and financials after better-than-expected results from 3M and Nestlé. US equity futures rose slightly ahead of tech earnings this week, with analysts flagging lower volatility and healthy risk appetite returning to global markets.