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Markets latest: Shanghai up 5% after historic week

Squawk Box Live brought you updates and analysis on global markets as one of the most volatile trading weeks in history comes to an end.

Sentiment in Asia continued to recover on Friday, with the Shanghai Composite closing higher by 4.8 percent. This came after Wall Street closed sharply higher Thursday, helping the Dow and Nasdaq climb out of correction territory.

European stocks were flat at the open Friday as trading reaches some sort of normality after steep falls at the start of the week. Here's how the morning unfolded.

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