Global stock markets moved mostly higher on Friday amid optimism that US-Chinese trade relations are improving and on early reports that online Christmas shopping was up over last year in the US.\r\nEuropean markets rose in midday trading and Wall Street was primed for more gains after reaching new highs yet again on Thursday. Hong Kong finished with gains and Tokyo declined.\r\nInvestors welcomed US President Donald Trump\u2019s comment that an interim \u201cPhase 1\u201d trade deal with China was \u201cgetting done.\u201d Trump said he and Chinese President Xi Jinping would hold a signing ceremony.\r\nTraders still are waiting to see details of the agreement aimed at helping to settle a 17-month-old trade war between the two countries.\r\nChinese customs data this week showed November soybean imports rose in a possible boost to American farmers. Midwestern farm states were battered by Beijing\u2019s earlier suspension of purchases of US soybeans, the biggest Chinese import from the United States, in response to Trump\u2019s tariff hikes on goods from China.\r\n\u201cBroadly risk sentiment is positive,\u201d Mizuho Bank said in a report.\r\nIn midday trading, Frankfurt\u2019s DAX rose 0.5 percent to 13,375 and France\u2019s CAC 40 also gained 0.5 percent to 6,058. London\u2019s FTSE turned around after early losses and was up 0.3 percent to 7,656.\r\nOn Wall Street, futures for the benchmark Standard & Poor\u2019s 500 index and the Dow Jones Industrial Average were up 0.3 percent.\r\nOn Thursday, both reached new highs. The S&P 500 rose 0.5 percent and the Dow gained 0.4 percent. The Nasdaq composite climbed 0.8 percent.\r\nInvestors welcomed a report by Mastercard SpendingPulse that showed US online Christmas shopping rose 18.8 percent over a year earlier.\r\nIn Asia, the Shanghai Composite Index was off 2 points at 3,005.04 and Tokyo\u2019s Nikkei 225 fell 0.4 percent to 23,837.72. Hong Kong\u2019s Hang Seng index gained 1.2 percent to 28,202.10 and Seoul\u2019s Kospi added 0.3 percent to 2,204.21.\r\nSydney\u2019s S&P-ASX 200 gained 0.4 percent to 6,821.70 and India\u2019s Sensex advanced 0.8 percent to 41,507.97.\r\nBenchmarks in Taiwan and Singapore advanced while New Zealand declined.\r\nAlso Friday, Japan\u2019s government reported factory output fell 0.9 percent in November compared with the previous month. Japanese retail sales rose 4.5 percent over a month earlier but inventory levels were high.\r\nDespite optimism about US-Chinese trade, traders still are concerned about bigger unresolved disputes.\r\nThe coming year also has the added complication of the US presidential election.