FX.co ★ European Stocks End Week Higher

The STOXX 50 and STOXX 600 indices experienced a modest increase of 0.2% on Friday, driven by the release of a stronger-than-anticipated US employment report and encouraging developments in US-China trade discussions. The US economy reported an addition of 139,000 jobs in May, surpassing the projected 130,000, although revisions to previous months' data pointed to downward adjustments. Investors reacted favorably to the news that US President Donald Trump had communicated with Chinese President Xi Jinping, with a mutual agreement to reignite trade negotiations. On the corporate side, UBS shares surged more than 3% following the Swiss government's proposal of new capital regulations. Conversely, Adidas and Puma shares saw declines after Lululemon Athletica lowered its annual profit outlook.