Reuters

The U.S. trade deficit increased to a near 9-1/2-year high in February, with both exports and imports rising to record highs.

Canada’s trade deficit unexpectedly rose to C$2.69 billion in February as imports grew much faster than exports.

European stocks jumped on Thursday as investors bought back into risky assets as concerns over trade tensions ebbed.

Oil prices buoyed by a surprise drawdown in crude stockpiles and an easing of trade tensions.

Oil edged higher and stocks on Wall Street recouped steep initial losses on Wednesday.

U.S. services sector activity slowed in March, while private employers maintained a brisk pace of hiring.

Oil hit a two-week low on Wednesday after China said it would impose tariffs on a number of U.S. goods.

China quickly hit back on Wednesday at Trump administration plans to slap tariffs on Chinese goods.

Losses on European exchanges steepened on Wednesday after China unveiled new tariffs against U.S. products, increasing concerns of an escalating trade standoff between the two countries.

China condemned the United States on Wednesday as the Trump administration pushed ahead with plans to slap tariffs on about $50 billion of Chinese industrial and hi-tech products, and vowed imminent countermeasures in the escalating trade dispute.