European stocks rebound on Trump's comments

European shares rose early on Friday in the last session of the week, rebounding strongly after two sessions of losses, the rise comes on the relative improvement of investor sentiment, especially after the recent statements of President Donald Trump.

As of 08:42 GMT, Stoxx Europe 600 rose by more than 1.0%, as the index ended yesterday's session down by 1.4%, its second consecutive daily loss, the lowest level in a week, due to trade and political concerns.

The Index rose early on Friday in the last session of the week, making its first gain in the last three sessions, recovering from its lowest level in a week, with most major stock exchanges and sectors in the Green Zone.

The automotive sectors with the mining and basic resources are the top gainers in Europe, with both rising more than 1%, which are the most affected sectors by the global trade news.

US President Donald Trump said a trade deal with China could lift tough restrictions on the Chinese tech giant Huawei.

"If we conclude a deal, I can imagine that the Huawei dispute will be resolved in a form or part of the trade deal," Trump told reporters at the White House. Trump predicted a quick end to the continued trade tensions.

Meanwhile, S&P 500 futures rose more than 0.5%, and the index ended yesterday's session on Wall Street down by 1.2%, its second daily loss, due to fears of the trade war between the United States and China.

Euro Stoxx 50 index rose 1.1%. while in France, the CAC 40 index rose by 1%, with Germany's DAX adding more than 1.0%.

In London, the FTSE 100 rose 0.7% as British Prime Minister Theresa May is expected to announce her formal resignation later in the day.