Frankfurt's DAX rose 0.9% to surpass 23,800 on Friday, advancing for a second day, mirroring a positive sentiment across European markets. Market sentiment was buoyed by optimism over US trade progress with China and other partners, and further supported by the stability of the truce in the Middle East. Investors responded to White House remarks suggesting that the looming deadline for country-specific tariffs was “not critical” and could be extended. This was reinforced by Beijing’s confirmation of a trade deal reached in London earlier this month to accelerate rare earth exports to the US. Almost all sectors traded in the green, led by retailers, autos and pharma stocks. Adidas and Puma outperformed, climbing 4% and 3.1%, respectively. Porsche, Daimler Truck Holding, Sartorius, BMW, Bayer, Siemens, Mercedes Benz Group and Merck followed closely, with gains between 1.7% and 3.5%. For the week, the index is set to advance more than 2%.