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Today in the markets

The latest news and events driving markets around the world, supplied by Marketwatch and Reuters.

Please remember that the ideas and conclusions in this section do not necessarily reflect the views of Fidelity’s portfolio managers or analysts. They are for general interest only and should not be taken as investment advice or as an invitation to purchase or sell any specific security.

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UK ministers tell companies to stop Brexit warnings

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Fox spirits and demons: China's tech giants splash out in cartoon arms race

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South Korean steelmaker POSCO names head of Posco Chemtech as candidate for next leader

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Xiaomi puts indefinite delay on CDRs in blow to China's plans for tech listings

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China's ZTE expected to take last step to lift ban: U.S. official

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FTSE 100 ends higher, flipping green for the week

MarketWatch - Last Update:

Analyst:' Equity markets are experiencing a bit of a bounce'. U.K. stocks finished sharply higher Friday, helped by a rally for the energy sector as oil prices gained, with the advance flipping the FTSE 100 benchmark into the green for the week. The FTSE 100 jumped 1.7% to close at 7,682.27, after dropping 0.9% Thursday.


European stocks finish higher, but still suffer weekly loss

MarketWatch - Last Update:

By Carla Mozee and Victor Reklaitis, MarketWatch. Stocks across Europe closed higher Friday, aided by data showing business activity picked up in the eurozone after a slowdown. Also helping sentiment was a eurozone agreement on a debt-relief plan for Greece after the country's bailout ends, and the energy sector got a lift from a rally for oil prices.


Why Size Alone Won't Help Old Media Beat Netflix

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Legacy media companies are in a mad race for scale as they strive to keep up with aggressive competitors in Silicon Valley. Even if the incumbents bulk up, tech companies like Netflix, Amazon, and Apple will still have more leeway to spend. That not only means they can lure top talent away from Hollywood, but that they are driving up the cost of talent for the traditional studios.


Asian markets end mixed as trade worries weigh

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Automakers lead losses in Japan; Shanghai index salvages a small gain but teeters near bear-market territory. Asian markets recovered broad early losses to close mixed Friday. The region initially took its cues from weaker U.S. action Thursday, as the Dow posted its eighth straight decline and trade tensions between the U.S. and China remained high.