Stocks Up 0.7% as Trump Visits China

European equities opened higher on Wednesday, with the Stoxx 600 up 0.7% and major indices gaining between 0.2% and 0.8%.
President Donald Trump traveled to China for a summit with Xi Jinping while Iran tensions remain stalled, keeping Strait of Hormuz closed.
Oil prices remain above pre‑war levels, adding upward pressure on inflation as U.S. consumer prices rose briskly in April.
Analysts suggest China could act as guarantor for a peace deal, but expectations are low.