First weekly loss for Europe after four straight weekly gains

European stocks finished firmly higher on Friday, as the tech group tracked their U.S. counterparts, following Apple Inc.’s record surge on Thursday, which helped to buoy overall market sentiment. However, a disappointing update on retail sales in the eurozone was seen putting in doubt inflation hitting the European Central Bank’s target.

The Stoxx Europe 600 rose by 0.7% the gauge’s first gain in the past three days. On Thursday, the pan-European index dropped 0.8%, as stocks were dragged lower by signs of heightened trade tension between the U.S. and China.

For the week, the benchmark lost 0.7%, snapping a series of four straight weekly wins for the benchmark.

Germany’s DAX 30 index closed 0.6% higher, after sliding 1.5% on Thursday on trade fears and disappointing financial updates. The German index logged a weekly decline of 1.9%—its first such drop since the week ended June 29.

The U.K.’s FTSE 100 index, rose 1.1%, erasing all of Thursday’s 1% drop and representing its best day since June 27. The British blue-chip gauge registered a weekly loss of 0.6%—its steepest weekly decline since the period ended June 29. In France, the CAC 40 index rose 0.3%, but booked a weekly decline of about 0.6%.

European trading appeared to be taking its tone from the U.S., where cheers for Apple Inc. surpassing $1 trillion in market value as a publicly traded company helped lift the technology and internet-related sector and the Nasdaq Composite Index which momentarily dulled worries about trade and tariffs Thursday. The Stoxx Europe 600 Technology Index rose by 0.6% on Friday.

Despite that, the U.S.-China tensions are still on investors’ radar, with few signs that President Donald Trump’s administration will ease off on its threat Wednesday to more than double proposed tariffs on $200 billion of Chinese goods.