Stocks climbed after gauges of American retail sales and consumer sentiment topped estimates, while traders awaited news on a fresh round of stimulus measures.
The S&P 500 closed little changed, while still notching its longest weekly advance since August, and the Nasdaq 100 dropped.
Boeing gained in US pre-market trading after its 737 Max airliner was judged safe to fly by European regulators. "The new risk emerging on the horizon is the increasing cases of Covid that are sweeping across Europe and increasing across the U.S". Amazon.com Inc. fluctuated after Citigroup Inc. said the e-commerce giant's statement on a recent sales event lacked something that has been seen in past years: A "biggest day ever" notation. US shares edged lower and the dollar climbed. Meanwhile, manufacturing production unexpectedly declined last month.
House Speaker Nancy Pelosi told Democratic colleagues that a divide persists with the White House over a number of components of the fiscal stimulus she's attempting to negotiate, even as an agreement nears on a coronavirus testing program. President Donald Trump's economic adviser Larry Kudlow said in an interview with Fox Business Network it will be hard for lawmakers to "execute" a relief package before the November 3 election.
Friday brings the expiry of options contracts on US equities, indexes and exchange-traded funds, lifting the chances for intraday volatility. While the pace of transactions is less frenzied than before, analysts have spotted a worrying pattern: Much of the action remains concentrated in bullish options in some of the world's largest technology companies. Prime Minister Boris Johnson is set to decide on Friday whether to abandon trade talks with the European Union after the bloc's leaders refused to give him the clear signal he wants in order to remain at the table.
The S&P 500 was little changed as of 4 p.m.
The Stoxx Europe 600 Index climbed 1.3%. NY time.The Stoxx Europe 600 Index sank 2.1%.The MSCI Asia Pacific Index decreased 1.1%.
The euro advanced 0.1 per cent to US$1.172.
The Bloomberg Dollar Spot Index gained 0.4%.The euro dipped 0.4% to $1.1704.The British pound fell 0.9% to $1.2897.The Japanese yen weakened 0.2% to 105.42 per dollar.
The yield on 10-year Treasuries rose less than one basis point to 0.73%.Germany's 10-year yield fell three basis points to -0.61%.Britain's 10-year yield sank four basis points to 0.18%.
Futures on Japan's Nikkei 225 dipped 0.2%.
The Bloomberg Commodity Index rose 0.6%.West Texas Intermediate crude decreased 0.1% to $41.01 a barrel.Gold strengthened 0.3% to $1,907.49 an ounce.