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The Breakfast Briefing: Wall Street Set For A Positive Open, Building On Dow's Record Thursday Close
FYI: .Data due Friday includes the latest flash U.S. composite purchasing managers' index figures, scheduled for publication at 9:45 a.m. ET.
.Overseas, markets in Europe and Asia posted solid gains during their respective Friday sessions.
Taking their lead from Wall Street’s record close on Thursday, stock markets from China to Germany were poised for strong weekly gains. The Stoxx Europe 600 was up 0.7% in early morning trade, led by gains in the automotive and resources sectors. Asian markets rallied across the board.
World shares hit their highest levels in over six months on Friday, as investors gravitated to the view that the latest exchange of tariffs between the United States and China may be less damaging than initially feared.
