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• European stocks are expected to open mixed Friday morning, as investors continued to monitor corporate earnings.
Looking to the major bourses, the U.K.'s FTSE 100 is expected to open 3 points higher at 7,487, while the German DAX is set to start on a negative note, down 8 points at 13,190, and the French CAC is poised to open 11 points lower at around 5,403, according to IG.
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• Asian shares slipped on Friday on uncertainty about U.S. tax reforms after Senate Republicans unveiled a plan that differed from the House of Representatives’ version in several key areas, including a delay in the timing of a corporate tax cut.
MSCI's broadest index of Asia-Pacific shares outside Japan .MIAPJ0000PUS fell 0.15 percent. Japan's Nikkei .N225 lost 0.8 percent, slipping off Thursday's 21-year high after an almost relentless 16-percent rally in the past two months. But the index had a ninth consecutive week of gains.
· Japan’s Nikkei share average fell on Friday, with tech shares hurt after a drop by their U.S. counterparts, while Toshiba Corp stumbled on dilution fears after reports it will issue new shares to raise funds.
The Nikkei ended the day down 0.8 percent at 22,681.42. It still managed to gain 0.6 percent on the week, during which it touched a 26-year high of 23,382.15.
· China’s blue-chip index extended its rally on Friday to close at a 27-month high, encouraged by Beijing’s move to lift foreign ownership limits on financial firms and defying a wider global selloff in equities.
The blue-chip CSI300 index rose 0.9 percent, to 4,111.91 points, while the Shanghai Composite Index added 0.1 percent to 3,432.67 points.
Reference: Reuters, CNBC
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