Stocks back to 'risk-on' after Trump trade war scare

LONDON (Reuters) - European stocks recovered on Wednesday from their losses the day before, when U.S. President Donald Trump surprised world markets by saying a trade deal with China could wait until after the 2020 presidential election in November.Morning gains became a rally when Bloomberg, citing unidentified sources, said the United States and China were in fact moving closer to agreeing on the amount of tariffs that would be rolled back in phase one of a trade deal.While Trump had dashed..