Stocks were higher Friday as President Donald Trump said the next round of US-China trade talks is set to take place on Monday. Treasury Secretary Scott Bessent, Commerce Secretary Howard Lutnick and US Trade Representative Jamieson Greer will meet in London with representatives of China,

Tesla shares climbed more than 3% in U.S. premarket trading Friday, recovering slightly after a 14% plunge a day earlier. The electric vehicle maker lost $152 billion in market capitalization Thursday as traders reacted to a public feud between CEO Elon Musk and President Donald Trump.

The rift between President Donald Trump and Tesla chief Elon Musk has captivated the world as a political drama, but it has also become a Wall Street spectacle, highlighting the risk to equity markets from the world's biggest stocks.