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US close: Wall Street loses grip on gains after trade talks reportedly 'stall'
Shares on Wall Street fell back during the last hour of trading after it was reported that trade talks with Beijing appeared to have stalled.
Europe close: Stocks end week on a down note
Stocks across the Continent finished the week on a down note after Chinese officials denied that trade talks were set to continue, amid of raft of criticism of Washington in state-controlled media.
London close: Stocks dip amid political uncertainty, US-China trade tensions
London stocks finished the session little changed on Friday, even as sterling fell after Brexit talks between the government and the Labour party collapsed and a Chinese official indicated that no further trade talks with the US in the near-term.
White House postpones decision on auto and parts tariffs for 180 days
President Donald Trump has postponed its decision on whether to impose tariffs on imports of automobiles and parts by six months to allow time for negotiations to continue with the country's main trading partners.
US consumer sentiment hits 15-year high in May, UofM says
Americans were in much more buoyant spirits than believed in early May, although the potential impact on sentiment from the breakdown in trade talks between the US and China had yet to be seen, according to the results of a closely-followed survey.
BofA cuts 2020 UK GDP forecast on prolonged Brexit uncertainty, US-China trade war
Economists at Bank of America-Merrill Lynch cut their forecasts for the rate of growth in Britain's economy for this year and next, predicting that the uncertainty around Brexit will last for longer and that the US-China trade war will escalate.
Europe midday: Stocks slip after China denies plans for further trade talks
Stocks across the Continent are holding lower after Chinese officials denied that trade talks were set to continue, amid of raft of criticism of Washington in state-controlled media.