Stocks, Euro OK After Trade War Begins

LONDON (Reuters) - Stocks rose and the euro climbed to a three-week peak as the imposition of tariffs by the United States and China on billions of dollars of trade was absorbed calmly by markets on Friday, though concerns about the conflict escalating capped appetite for risk. World stocks rose 0.2 percent to their highest level in a week while Asian stocks climbed nearly half a percent led by a rebound in Chinese shares.