Strong growth figures from China lifted European shares Friday, while the U.S. market was buoyed by robust corporate earnings figures. "Washington and everything that happened with the budget talks has cleared out, and we are refocusing on earnings. We have companies coming in next week that you think would beat numbers or do pretty well. That should allow this kind of momentum to continue into next week," said Daniel Morgan, senior portfolio manager at Synovus Trust in Georgia.

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Bloomberg, Reuters

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