India, July 10 -- European stocks closed on a positive note on Thursday with the undertone remaining firm amid expectations the European Union and the U.S. will strike a trade deal soon. Investors also looked ahead to the earnings season that is set to start next week.
EU trade chief Maros Sefcovic said there was good progress on a framework trade agreement and a deal may even be possible within days.
Investors shrugged off U.S. President Donald Trump's decision to impose a 50% tariff on copper imports, along with a separate levy on Brazlian goods. The levies will take effect on August 1.
The pan European Stoxx 600 gained 0.54%. The U.K.'s FTSE 100, which climbed to a record high, settled with a gain of 1.23%. France's CAC 40 closed up 0...