European equities rebounded on Friday after reaching a near one-week low in the previous session, helped by a 1% decline in crude oil prices. The STOXX 600 gained 0.7% and was on track for a 0.15% weekly advance, which would end a three-week losing streak if sustained through the close. Germany’s DAX rose 0.8%, while France’s CAC 40 and London’s FTSE 100 each added 0.5%; Italy’s FTSE MIB jumped 1%. Gains from corporate earnings and single-stock catalysts helped offset surging sovereign bond yields in the U.S. and Europe, while markets remained pressured by rate-hike expectations, a 12-point European gas-storage deficit and unresolved Middle East trade friction. Investors also awaited concrete signs from the meeting between U.S. President Donald Trump and Chinese President Xi Jinping on trade, rare-earth supply chains and technology-export guidelines. Oil and foreign-exchange markets remained sensitive to developments that could affect Persian Gulf supplies and European gas inventories.