US stocks finished higher on Friday — with the Dow Jones Industrial Average chalking up its longest weekly winning streak since 1995 — as commentary from the Federal Reserve about its balance sheet policy and hopes about a US-China trade deal buoyed investor sentiment.
Anadarko Petroleum said at least one contractor had been killed and several injured in separate attacks on convoys in northern Mozambique, where energy companies plan to invest at least $40bn in parallel liquefied natural gas projects.
US stocks and Treasuries were comfortably higher at midday on Friday as the Federal Reserve signalled it will hold a much larger balance sheet in the long term than it did before the financial crisis, helping ease investor concerns about tightening financial conditions.
The European Union’s plans for tariff reduction talks with the US received a boost on Friday as ministers rebuffed calls from France to delay the transatlantic negotiations until after May’s EU elections.
US stocks were set to end the week on a high note on Friday, as investors hunkered down ahead of speeches from policymakers and remained optimistic about US-China trade talks that continue in Washington.
The UK Serious Fraud Office has closed its investigations into Rolls-Royce and GlaxoSmithKline, underlining the agency’s challenge to prosecute individuals whose companies have been linked to criminal activity.
A senior EU official warned the bloc had no plans to agree any changes to its Brexit offer on the sidelines of a summit with Arab League leaders that starts on Sunday in the Egyptian coastal resort of Sharm el-Sheikh.
Queues for Eurostar train services at London’s St Pancras International could reach up to 15,000 passengers each day in the event of a no-deal Brexit, according to a confidential report drawn up by the British government.