British fashion brand Burberry's shares jumped on Tuesday, lifting other luxury goods makers, while upbeat earnings from big Wall Street banks spurred gains for the region's lenders, driving major European markets to their highest closing levels in a week.
July 12 U.S. stock index futures rose slightly
on Friday, with Wall Street looking set to extend this week's
strong run after Federal Reserve Chairman Jerome Powell's dovish
remarks boosted bets of an interest rate cut this month.
European shares were set to snap four days of losses on Thursday, after U.S. Federal Reserve Chair Jerome Powell's dovish comments cemented hopes of an interest rate cut this month, even as trade frictions between France and the United States rose.
* Apple suppliers down, track slump in iPhone maker
* Indexes down: Dow 0.16%, S&P 0.04%, Nasdaq 0.08%
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European shares surged on Monday to their highest in nearly two months, led by trade-sensitive technology stocks after the United States and China agreed to restart trade negotiations. | Video
A surge in German shares helped European equities mark their best first-half performance in over two decades on Friday, with investors awaiting the outcome of U.S-China trade talks to see if the rally can continue.
* Pence delays China speech amid "positive signs" on talks -
The S&P 500 hit a new all-time high on Friday, as U.S. Vice President Mike Pence's decision to defer a planned speech on China policy rekindled optimism over trade talks between the world's two largest economies.
* Indexes up: Dow 0.45%, S&P 0.23%, Nasdaq 0.14%
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