The benchmark FTSE 100 was up 0.6% at 1112 GMT. However, the index was poised to lose 1% for the week, its second consecutive weekly decline, as volatility triggered by back and forth on U.S. tariff policies, and downbeat quarterly earnings, pressured equity markets.

What a week it’s been. Wall Street rallied Friday but all three major indexes closed the week in the red as President Donald Trump’s budding trade war has sent jitters through US markets.

New York’s top index, the S&P 500, was making strides after markets opened, reversing some of the heavy losses from recent days.