European stock markets rise as Trump pushes for a meeting between Russian and Ukrainian leaders

Wallstreetcn
2025.08.19 16:27

European stock markets closed higher as U.S. President Trump pushed for a Russia-Ukraine summit following meetings with Ukrainian President Zelensky and European leaders. The Stoxx Europe 600 index rose by 0.7%. After a conference call in China on promoting the trade-in of consumer goods, which stated that new growth points for consumption would be accelerated, luxury goods and spirits-related stocks strengthened. LVMH and Richemont both rose by over 3%. Meanwhile, defense stocks fell

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