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Europe close: Stocks end bad week on a mixed note
Stocks across the Continent finished a bad week on a mixed note following another raft of poor-to-mixed economic data from around the globe and ongoing tensions between Washington and Beijing.
Week ahead: Global PMIs, US Fed in focus
The focus over the coming week will be on preliminary survey data on preliminary euro area and UK manufacturing and services sector surveys covering the month of May.
US consumer confidence improves a little in May, University of Michigan says
Consumer sentiment in the States improved unexpectedly at the start of May as the first government financial support reached Americans and companies boosted discounts.
US factory output sees record slump in April as auto production nearly wiped out
Industrial output in the US fell sharply in April, led by a historic contraction in factory production.
Pound drops after chief UK trade negotiator says Brexit deal may not be reached
The UK and the European Union may not be able to reach an agreement on Brexit if Brussels insists on new and unbalanced approach based on requiring "a level playing field", the country's top negotiator said.
US Commerce Department blocks Huawei's access to foreign chip suppliers
America's Department of Commerce on Friday closed a loophole that it said had allowed Huawei to continue employing US technologies through companies not on its national security blacklist.
US retail sales crater again in April
US retail sales collapsed last month as lockdowns to brake the Covid-19 pandemic's advance across the country kept consumers indoors and Americas kept their wallets shut even as many were forced to join unemployment queues.
Europe midday: Stocks edge higher despite poor data, geopolitical tensions
Stocks are trading slightly at the end of a bruising week with selling in shares abating despite another raft of poor-to-mixed economic data around the globe and ongoing tensions between Washington and Beijing.