MANILA: World shares were mixed on Friday after the White House confirmed plans for President Donald Trump to meet with Chinese leader Xi Jinping next week.

The confirmation reduced some of the uncertainty surrounding trade tensions between the two biggest economies, though prospects for a significant trade deal remain unclear.

The future for the S&P 500 rose 0.2 per cent while that for the Dow Jones Industrial Average was up nearly 0.1 per cent. Oil prices have declined after surging a day earlier.

In early European trading, Germany's DAX rose 0.1 per cent to 24,235.73, while Britain's FTSE 100 edged less than 0.1 per cent higher to 9,564.87. In Paris, the CAC 40 fell 0.3 per cent to 8,203.50.

Chinese benchmarks gained after the ruling Communist Party wrapped up an important planning

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