LVMH boosts European shares to one-week high; trade optimism lingers

(Reuters) - French luxury goods group LVMH's deal to buy U.S. jewellery firm Tiffany boosted European shares to a one-week high on Monday, while optimism that Washington and Beijing would be able settle their trade spat also lifted investor sentiment.Shares of LVMH rose 1.8%, putting them on track for their best day in three weeks, as the French firm said it would buy Tiffany & Co for $16.2 billion. The pan-European STOXX 600 index was up 0.7%.All the major European subsectors were trading..