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
* Shanghai shares add 0.2%, blue chips up 0.5%, both up week-on-week
* U.S.-China talks to resume next week, but no timeline to face-to-face meeting
* China's June new loans dip; regulator says lending demand met
HONG KONG, July 5 (Reuters) - China shares ended a tick higher on Friday and posted weekly gains as Beijing and Washington prepared for a fresh round of talks due next week, but the rise was capped as it remained unclear whether the two nations can strike a durable trade deal.
** The Shanghai Composite index closed 0.2% firmer at 3,011.06 points, up 1.1% week-on-week. The blue-chip CSI300 index was up 0.5% on the day, and closed 1.8% higher on the week.
** CSI300's financial sector sub-index ended down 0.1%, the consumer staples sector closed 2.7% higher, the real estate index ended 1.4% weaker and the healthcare sub-index closed up 1.7%.
** The smaller Shenzhen index ended up 0.6% and the start-up board ChiNext Composite index closed almost 1% stronger.
** Top representatives of the United States and China are organizing a resumption of talks for next week to try to resolve a year-long trade war between the world's two largest economies, Trump administration officials said.
** However, White House Economic Adviser Larry Kudlow sounded unclear about the timeline for relaunching face-to-face talks, saying that these would begin "soon".
** Rating agency Moody's affirmed China's rating at A1 with a stable outlook on Thursday, citing the country's financial and policy means to contain any rise in its economy-wide leverage and mobilise resources to support its stressed public sector entities and maintain financial stability.
** Chinese banks extended less in new yuan loans in June, according to a Reuters calculation based on official data, but regulators assured that credit needs of the broader economy were met.
** "In the short-term, the A-share market may climb with (some) volatility," Galaxy Securities' analysts wrote in a report on Friday. "(Investors) should continue to pay attention to the rolling out of policies relevant to markets and changes in companies' valuations following mid-year results."
** Asian markets were hoving near two-month highs on Friday as investors braced for U.S. employment data, a key release that could stoke or temper market expectations about aggressive policy easing by the Federal Reserve.
** Around the region, MSCI's Asia ex-Japan stock index was weaker by 0.1%, while Japan's Nikkei index closed up 0.2%.
** The largest percentage gainers in the main Shanghai Composite index were Hengtong Logistics Co Ltd, up 10.1%, followed by Harbin High-Tech Group Co Ltd and Fujian Raynen Technology Co Ltd, both up 10%.
** So far this year, the Shanghai stock index is up 20.7% and the CSI300 climbed 29.3%. Shanghai stocks rose 1.1% this month.
** About 15.68 billion shares were traded on the Shanghai exchange. The volume in the previous trading session was 19.44 billion shares.
** The Shanghai stock index is above its 50-day moving average and above its 200-day moving average. (Reporting by Noah Sin, Editing by Sherry Jacob-Phillips)