GLOBAL MARKETS-U.S.-China trade hopes revive stocks, crude rises

Crude prices and global equities markets rose on Friday, with the major U.S. indexes setting record highs, on renewed hopes that the United States and China will reach a deal to de-escalate a 16-month trade war that has crimped global growth. Equity markets from Tokyo to the major bourses in Europe and across the Americas gained on remarks by White House officials.

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