(Il Sole 24 Ore Radiocor) - Milano, 14 mag - European share prices opened higher, tracking a positive lead from global markets as investors keep a close watch on the high-level talks between US president Donald Trump and Chinese leader Xi Jinping in Beijing.

Market sentiment is being supported by the lack of negative surprises from the summit so far, with investors temporarily setting aside concerns over the war in Iran and potential interest rate hikes driven by energy price volatility.

Traders are also monitoring the ongoing corporate earnings season as more results are released across the continent.

On the data front, the UK's GDP grew by 0.6% in the three months to March 2026, outperforming the previous quarter according to the Office for National Statistics.

Spanish inflation data showed the April CPI rose 0.4% month on month and 3.2% year on year.

Investors today will also look ahead to US retail sales figures, as well as import and export price data.

At 0717 GMT, London's FTSE 100 was up 0.02% at 10,327.30 points, while in Frankfurt the DAX rose 1.21% to 24,394.50 points and in Paris the CAC 40 gained 0.56% to 8,052.78 points. Milan's FTSE MIB climbed 0.57% to 49,763.50 points, while in Madrid the IBEX 35 was 0.74% higher at 17,785.44.

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(RADIOCOR) 14-05-26 09:30:00 (0208) 5 NNNN