A quarter of the S&P 500 companies report earnings next week, and that could buffet the market as investors await the July Fed meeting.Market Insiderread more
Iran's Revolutionary Guard claims a British tanker it still holds, Stena Impero, failed to follow international maritime rules.World Newsread more
Amazon hires Trump-allied lobbyist Jeff Miller as battle for Pentagon contract heats up.Politicsread more
In a series of tweets, the president addressed an unusual controversy stemming from a speech delivered Thursday by New York Fed President John Williams.Marketsread more
"You need to understand that we're about to embark on the busiest week of the year for industrial earnings," CNBC's Jim Cramer says.Mad Money with Jim Cramerread more
Boston Federal Reserve President Eric Rosengren is lining up against an apparent push to cut interest rates, telling CNBC in an interview Friday that the central bank can...The Fedread more
The MTA reported that the 1, 2, 3, 4, 5 and 6 trains are all facing delays due to a network communications issue impacting service in both directions, NBC New York reports.Transportationread more
Companies aren't waiting for the U.S.-China trade war to be resolved, says the head of the world's biggest money manager.Investingread more
US officials including Treasury Secretary Steven Mnuchin and White House economic adviser Larry Kudlow will host a meeting at the White House on Monday of semiconductor and...Technologyread more
Trump's constant berating of the Fed and its actions does not influence the central bank's decisions, Boston Fed's Eric Rosengren says.The Fedread more
The lawsuits allege J&J's talc-based baby powder contained asbestos and caused ovarian and other cancers.Health and Scienceread more
* Oil jumps on Middle East tensions
* IQE tumbles after revenue warning; weighs on chip stocks
* German, French, eurozone PMIs better-than-expected (Adds comment, updates prices)
June 21 (Reuters) - Upbeat data and rising oil prices helped European stock markets eke out some marginal gains on Friday, offsetting another jolt for chipmakers from the fallout of a U.S. ban on trading with Huawei Technologies.
At the end of a week that has seen European markets gain around 2%, and bond yields and the euro sink, escalating tensions between Washington and Iran also gave investors reason to be cautious about pushing ahead with this month's rally.
Helped by gains in oil prices that drove shares in Royal Dutch Shell, BP and Total higher, the pan-regional STOXX 600 index was just 0.05% higher by 0800 GMT.
The benchmark index, has rallied nearly 5% so far this month, on signals from the Federal Reserve and the European Central Bank that they were ready to act to counter the impact of U.S.-China trade tensions on a slowing global economy.
"There is probably lingering positivity from the broadly dovish central bank statements this week from the ECB and the Fed," said Connor Campbell, financial analyst at Spreadex in London.
"That rally maybe running out of steam a little bit but it seems to be keeping the indexes in the green."
Investors will now look to a G20 summit in Japan next week for progress from the United States and China on resolving the differences that drove the worst monthly performance in European stock markets in more than two years in May.
Frankfurt's Dax recouped early losses to trade 0.21% higher after a survey on Friday showed higher activity in Germany's services and manufacturing sector edged higher in June, suggesting that growth in Europe's biggest economy has stabilised at a moderate pace in the second quarter.
Other surveys showed French business activity strengthened more than expected in June, and euro zone business activity picked up a touch this month.
"Both the French and German figures were better than expected but also firmly in contraction territory," said Campbell.
The technology index fell 0.4%, and was among the biggest fallers, as British wafer maker IQE Plc warned it would report lower-than-expected revenue in 2019, citing the impact of the Huawei ban.
Semiconductor companies were the hardest hit with Infineon , AMS and STMicroelectronics, Siltronic, Dialog Semiconductor dropping between 1.2% and 3.2%.
Spain's IBEX rose 0.7%, outperforming most European indexes. (Reporting by Amy Caren Daniel and Medha Singh in Bengaluru; editing by Patrick Graham)