Trump has no plans for Musk call: White House official

US President Donald Trump has no plans to speak to billionaire Elon Musk on Friday, a senior White House official said, scotching reports of a possible call to smooth over their blazing public row.

"The president does not intend to speak to Musk today," the White House official told AFP on condition of anonymity.

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After earlier reports of a scheduled peace call, stock futures turned higher as well, with those on the SP 500 up 0.4 per cent. Tesla's shares were up around 5 per cent in Frankfurt on Friday, having closed down 14.3 per cent on Thursday in New York, losing about $150 billion in market value.

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Markets were affected as the US President and the world's richest man went into an all-out brawl, as the world watched the two hurl accusations and snub each other on social media platforms.

(With inputs from Reuters)