A Chinese delegation led by Vice Premier Liu He could be sent before month's end to iron out phase one, a source tells CNBC's Kayla Tausche.Marketsread more
Bank of America says investors should still look to stocks for value rather than bonds.Investingread more
Online travel company Booking Holdings has dropped out of Facebook's libra, joining a growing list of firms who have exited the embattled cryptocurrency project.Technologyread more
"I fear that's what we're headed into" here in America, warns the former Treasury secretary.Economyread more
"But I expect we'll have a deal," Mnuchin tells CNBC.Politicsread more
Kohl's stores are getting a bit of a refresh, and are being infused with new brands, ahead of this holiday season.Retailread more
Apple will release the iPhone SE2 early next year for $399, analyst Ming-Chi Kuo says.Tech Driversread more
State polls show that Trump's standing has weakened in some states hurt by the trade war.2020 Electionsread more
Sanders, who is recovering from a heart attack, reveals the new tax plan a day before the third Democratic debate.2020 Electionsread more
White House press secretary Stephanie Grisham said in a Twitter post that while President Trump had not seen the video depicting him going on a bloody rampage in a so-called...Politicsread more
Investors are set to scrutinize results from Goldman Sachs and J.P. Morgan Chase as banks report third-quarter results starting Tuesday.Financeread more
European stocks closed sharply higher Friday as investors tracked positive signals around U.S.-China trade talks and Brexit.
The pan-European Stoxx 600 closed provisionally up by more than 2%, with bank shares soaring close to 5% higher as most sectors and all major bourses traded in positive territory.
Day one of trade talks between top U.S. and Chinese negotiators ended with markets hoping for a limited trade deal and a delay to planned increases in U.S. tariffs planned for next week. U.S. President Donald Trump characterized the discussions as "very, very good" and plans to meet with Chinese Vice Premier Liu He at the White House on Friday.
Markets got a further boost as Trump said on Friday that there were "warmer feelings" over trade discussions than in the recent past. "I will be meeting with the Vice Premier today," the president tweeted. "All would like to see something significant happen!"
Back in Europe, sterling extended gains from the previous session after an EU spokesperson described last-ditch talks with the U.K. as "constructive." Cable rose almost 2% to $1.2675.
J.P. Morgan said Friday it had lifted its outlook for the chances of a Brexit deal from 5% to 50%.
In corporate news, Renault ousted CEO Thierry Bollore in a shareholder vote on Friday morning, naming CFO Clotilde Delbos as its interim CEO with immediate effect. Shares of the automaker were trading 5% higher on the back of the news.
Publicis meanwhile plunged 14.5% to the bottom of the Stoxx 600 after the world's third-largest advertising company cut its full-year sales target again. Hugo Boss shares also tumbled, down over 13%, after the firm reported disappointing third-quarter results and cutting its guidance.