The FTSE 100 (^FTSE) and European stocks continued their positive run on Friday as the UK economy grew by a better-than-expected 0.6% between January and March. According to the Office for National Statistics (ONS), services output was up by an estimated 0.7%, while production output grew 0.8%. Meanwhile, construction was down 0.9%. This rise in GDP means that the economy is no longer in a technical recession, after activity fell in the third and fourth quarters of last year. London’s benchmark index was 0.5% higher in early trade Germany's DAX (^GDAXI) rose 0.6% and the CAC (^FCHI) in Paris headed 0.5% into the green The pan-European STOXX 600 (^STOXX) was up 0.6% Wall Street is set to open higher as S&P 500 futures (ES=F), Dow futures (YM=F) and Nasdaq futures (NQ=F) were all in the green The pound was marginally higher against the dollar (GBPUSD=X) at 1.2531 Follow along for live updates throughout the day: Joe Biden’s reported fresh China tariffs may trigger short-term market volatility, Nigel Green at deVere Group has warned. It comes as Bloomberg first announced that the US president is set to announce new tariffs on China as soon as next Tuesday, targeting strategic sectors including...