European Stocks Rise as Evergrande Woes Ease
On Friday, European stocks traded higher as concerns about the possible default of embattled China Evergrande eased. On Thursday, reports revealed that the highly indebted property giant already had settled an interest on a US dollar bond a day before its deadline. Consequently, the benchmark pan-European STOXX 600 climbed 0.57% or 2.67 points to $472.38 …