World shares were mixed Friday after a modest retreat on Wall Street, while the price of Brent crude gained more than 1%.
In early European trading, Germany's DAX rose 0.4% to 26,253.77, while the CAC 40 in Paris edged 0.2% higher to 8,715.47.
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Canadian Prime Minister Mark Carney said Thursday that trade negotiations with the United States had turned "nasty" after President Donald Trump derided America's neighbor and its leadership while threatening to expand tariffs.
Carney said Canada remained engaged in the negotiations despite Trump's comments, describing the talks as a fight to protect Canadian workers and businesses.
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France next week will ban unsolicited telemarketing calls under a new law aimed at protecting consumers from intrusive sales pitches and shielding vulnerable people from fraudulent commercial practices.
The law backed by President Emmanuel Macron's government enters into force on Aug. 11.
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U.S. stock futures edged higher Wednesday morning, helped by strong corporate earnings reports and hopes for a deal setting the stage for talks that might eventually end the fighting in Iran.
Dow Jones Industrial Average futures rose 0.3%, while S&P 500 futures added 0.4%. Nasdaq futures gained 0.2%.
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Shares advanced in Europe and Asia on Wednesday after the U.S. stock market rallied to records, helped by strong corporate earnings reports and hopes for a deal setting the stage for talks that might eventually lead to an end to the war in Iran.
Oil prices resumed their ascent, with Brent crude gaining more than 1%.
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U.S. markets were poised to open with gains and oil prices fell sharply Monday after President Donald Trump said he would order U.S. forces to refrain from attacks against Iran and that a deal to end the fighting was near.
Futures for the S&P rose 0.6%, while futures for the Dow Jones Industrial Average climbed 1.1%. Nasdaq futures were up 0.3% before the opening bell Monday.
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A giant American flag hanging on the wall of a warehouse in New Hampshire hints at the national importance of the elements bound inside the mining waste stored in 1-ton bags. The company uses electrolysis to separate the key critical elements President Donald Trump's administration desperately wants to produce domestically from the powder left behind at traditional mines.
The small Phoenix Tailings refinery tucked inside an office park in Exeter, New Hampshire, could play a key role in helping America break the chokehold China has on the processing of critical minerals, but it will take 14 to 18 months to build a new factory with a $500 million loan from the Pentagon to drastically expand the company's separation and metallization capacity, a particularly weak stage in the U.S. mines-to-magnets supply chain.
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The U.S. dollar weakened sharply Monday against the Japanese yen after U.S. President Donald Trump and Japan's finance minister confirmed both sides had intervened in markets.
Before late last week, the dollar was trading above 163 yen, touching 40-year highs. After regulators were suspected of stepping in, it fell below 160 yen.
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Analysts are expecting major oil companies to report raking in large spring profits while fighting between Iran and the U.S. impeded petroleum shipments and consumers around the world paid more for fuel and confronted shortages.
The conflict, now in its sixth month, halted most shipping through the Strait of Hormuz, a narrow waterway that previously served as a delivery route for a fifth of the world's oil and natural gas. With global supplies constrained, prices for Brent crude, the international standard, soared from about $70 to above $100 a barrel for much of March, April and May, and at one point reached $126.
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Lebanon's judiciary postponed a Thursday hearing for former central bank governor Riad Salameh over alleged embezzlement after he failed to show up due to illness, a judicial official told AFP.
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