US. stocks gained with the dollar as investors assessed messages from the Federal Reserve and European Central Bank meetings this week with concerns lingering about the prospects for U.S. tax overhaul.
Uncertainty surrounding the fate of U.S. tax reform continues as investors look to the end of a stellar year for equities.
Europe
The Stoxx Europe 600 Index was lower with retailers leading the decline as H&M plunged after reporting a slump in quarterly sales.
The euro headed for its first weekly advance of the month after the ECB remained cautious about the prospects of reaching its inflation goals while reiterating a pledge to keep stimulus in place.
In the UK, the pound dropped and yields on U.K. gilts fell to the lowest since September amid speculation of difficult Brexit talks ahead.
Asia
In Asia overnight Japanese stocks gained 1.5% while Chinese stocks were little changed rising just 0.1%.
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