European shares gain as Trump plans to reopen U.S. economy

(Reuters) - European shares jumped on Friday, clawing back weekly declines as financial markets globally drew comfort from U.S. President Donald Trump's plans for a gradual re-opening of the U.S. economy and reports of a potential drug to treat COVID-19.The pan-European STOXX 600 index was up 2.5% at 0712 GMT, shrugging off data showing China suffered its worst economic contraction in almost three decades as the pandemic crushed business activity.All the major European sub-sectors were trading..