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European Stocks Rise Amid Nvidia's Shanghai Plans and Talks

5/18/2025

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Story summary
  • European blue chip stocks surged on Friday, with the FTSE 100 climbing 0.5%. In a bold move, Nvidia announced plans for a research center in Shanghai, navigating US export restrictions. Meanwhile, the UK and EU are in talks over fishing rights and defense ties as a summit approaches. On Wall Street, mixed results were seen, while Brent oil prices rose to $64.56 per barrel.