World stocks edge up, oil prices highest in over a month

LONDON (Reuters) - World stocks edged up on Friday and oil prices rallied more than 2%, lifting sentiment after a week pressured by deteriorating U.S.-China relations.Oil prices rose to their highest levels in more than a month on signs that demand from China is picking up and data showing China's industrial output in April expanded for the first time this year.But news that the Trump administration has moved to block shipments of semiconductors to Huawei Technologies from global chipmakers..