LONDON/HONG KONG—European shares slipped on Friday but held their gains for the week as uncertainty around the fate of debt-ridden China Evergrande weighed on investor sentiment. The regionwide STOXX 600 index slipped 0.78 percent after a three-day run of gains. Britain’s FTSE 100 and Germany’s also weakened. Still, European shares look set to end the…

LONDON—Oil prices steadied on Friday near a two-month high of $77.50 a barrel and were headed for a third straight week of gains, supported by global output disruptions and inventory draws. The rally was slightly dampened by China’s first public sale of state crude reserves. Brent crude was up 222 cents, or 0.28 percent, at…

Commentary If you have had a chance to look at your 401(k) or IRA rollover quarterly statement for June 30, then you’ve probably got a smile on your face. The stock market has done quiet well over the past year; likely better than most would have expected. The California Public Employees’ Retirement System (CalPERS) on…