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Europe close: Stocks rebound on reports of US debt ceiling progress
European shares rebounded on Friday, driven by rising mining stocks and as talks on the US debt ceiling crept towards a resolution.
Week ahead: US non-farm payrolls, China factory PMI in focus
All eyes over the coming holiday-shortened week would be on the ongoing debt ceiling talks and the latest non-farm payrolls report in the US.
US consumer confidence slips in May, price expectations fall, University of Michigan says
Consumer confidence in the US slipped in May amid the uncertainty around the debt ceiling crisis and concern about a potential recession, the results of a closely followed survey revealed.
US open: Stocks jump amid reports of progress in debt ceiling talks
Stocks on Wall Street were trading on the front foot at the end of the week as investors assessed signs of progress in debt ceiling negotiations.
US personal spending rebounds in April, price gains pick up
Americans resumed splashing out last month, pushing the savings rate lower.
US visible trade deficit yawns wider in April
America's visible trade deficit yawned wider last month as exports shrank rapidly.