European stocks rally at open as Italy clinches deal

European stock markets rallied at the open on Friday after Italy reached a new coalition deal, with investors brushing aside trade war fears and looked ahead to key US jobs data.

London's benchmark FTSE 100 index climbed 0.6% to 7 727.06 points compared with the close on Thursday.

In the eurozone, Frankfurt's DAX 30 gained 0.6% to 12 678.07 points and the Paris CAC 40 won 0.8% to 5 440.42.

Milan's FTSE MIB opened up more than 2.5%.

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