Market players turned their focus to trade negotiations between Washington and Beijing on Friday, after fears of a potential U.S. recession put global equities under pressure earlier in the week.
As the U.S. and China restart trade talks, Chinese Premier Li Keqiang pledged Thursday to further open up market access to foreign lenders and insurance firms. And on Friday, Treasury Secretary Steven Mnuchin said he had a “productive working dinner” with officials the previous night.
Elsewhere, Brexit remains a source of worry, as a parliamentary deadlock over U.K. Prime Minister Theresa May’s withdrawal deal rumbled on. May is set to put her divorce deal to a vote yet again on Friday — it’s already been rejected twice by British lawmakers.