This is CNBC’s live blog covering European financial markets.

The U.S. and China have further confirmed the details of the trade agreement reached by both sides earlier this month in London, according to a statement released by China’s Ministry of Commerce Friday afternoon.

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— Anniek Bao

We’re 10 minutes into the final trading session of the week, and stocks are firmly in positive territory after White House Press Secretary Karoline Leavitt fueled optimism on Thursday about the looming reciprocal tariffs deadline.