- Jill Biden announces $500 million for women's health research
- Injured All Blacks centre Jordie Barrett out of Australia Test
- 'Lead the future': youth challenge world leaders at UN
- Goosebumps and stars as Paris Fashion Week kicks off
- Boeing boosts pay offer in effort to end strike
- Global markets inch higher on hopes of further rate cuts
- Amazon forest loses area the size of Germany and France, fueling fires
- 'Curious' Dupont eyes position change after claiming Top 14 award
- Man Utd stadium regeneration could add £7.3bn to British economy
- At COP16, Colombia seeks to lead by example on biodiversity
- Dupont caps off Olympic gold season with Top 14 player award
- Leeds to expand Elland Road to 53,000 capacity
- Mysterious 18th century diamond necklace set for auction
- World's oceans near critical acidification level: report
- California sues oil giant Exxon over plastic recycling 'myth'
- As wars rage, UN's critics say global body is failing its mission
- Amazon forest has lost an area the size of Germany and France
- Nadal, Alcaraz and Sinner in Davis Cup finals teams
- Telegram's Durov announces new crackdown on illegal content
- African players in Europe: Ice-cool Jackson strikes twice
- Man City's Rodri 'out for season' after ACL injury: reports
- Venezuelan court issues arrest warrant for Argentina's Milei
- Arsenal not yet a match for Man City-Liverpool rivalry, says Silva
- Iran's new president calls Israel warmonger as he seeks talks with West
- Berlin warns UniCredit against Commerzbank takeover attempt
- Black Eyed Peas star harnesses AI for novel radio product
- England cricket captain Knight reprimanded over 'blackface' photo
- Barca goalkeeper Ter Stegen set to miss season after knee operation
- 'I lived a lie', tearful witness tells French mass rape trial
- 274 dead in Israeli strikes on Hezbollah strongholds in Lebanon
- Gunman revealed Trump plot months before golf course arrest: DOJ
- Trial opens in Italy student murder case that opened eyes to femicide
- Iran president accuses Israel of seeking conflict, says opposes war
- Swedish battery maker Northvolt to slash 1,600 jobs, quarter of staff
- Joshua says boxing career 'far from over' after Dubois defeat
- Stock markets inch higher on rate hopes
- 182 dead in Israeli strikes on Hezbollah strongholds in Lebanon
- Friedkin Group reach deal to buy Everton
- UniCredit ups stake in Commerzbank to 21 percent
- Big rate cut was 'appropriate' first step: Fed official
- Stock markets diverge as eurozone economy struggles
- Lebanon says 100 dead in Israeli strikes on Hezbollah strongholds
- Man City's Akanji sends defiant title message after Arsenal battle
- Madrid's 'many styles' key to unbeaten streak: Ancelotti
- UK's Labour pledges economic rebuild amid free gifts row
- Barca goalkeeper Ter Stegen to undergo knee operation
- French mass rape trial moves on to new defendants
- Israel warns Lebanese as intense strikes target Hezbollah
- UK's Labour looks to be more cheerful despite gifts and welfare row
- Eurozone business activity slumps after Olympics boost
US stocks pressured amid interest rate angst as euro gyrates
Wall Street stocks mostly fell Friday amid lingering unease over tightening US monetary policy, while the euro gyrated ahead of France's presidential election.
Both the S&P 500 and Nasdaq retreated as the yield on the 10-year US Treasury note climbed above 2.7 percent, a signal markets are preparing for more Federal Reserve monetary tightening.
All three major US indices notched losses for the week.
"Uneasiness and trepidation appeared to drive a relatively quiet session as investors continued to weigh the potential implications of a highly aggressive Fed monetary policy tightening cycle," Charles Schwab investment bank said in a note.
The euro sank as low to $1.0837 before bouncing back, a reflection of uncertainty ahead of Sunday's first-round French presidential vote.
The single currency has also been dented by European officials' reticence to move as aggressively as the Fed on tackling soaring inflation.
The volatility in the euro comes as polls show a tight race by French President Emmanuel Macron and his main election rival, far-right leader Marine Le Pen.
The president is projected to come out on top in Sunday's first round of voting, but far short of the majority needed to avoid a run-off between the top two candidates on April 24 -- and with Le Pen close behind.
The euro would experience a "knee-jerk" drop of about 1.5 percent in its value against the dollar if Le Pen ultimately is elected, and then will "continue falling," Wells Fargo bank said in a note.
"Even if Le Pen wins the presidency, her party is very unlikely to garner a working parliamentary majority, but ousting or even weakening Macron could be a blow to EU integration and economic policy," Wells Fargo said.
The lower euro helped boost bourses in Paris and Frankfurt, both of which rose more than one percent.
"Today's positive session for European markets appears to have more to do with the fact that the strength of the US dollar has pushed both the pound and the euro lower, with the pound falling to its lowest levels since November 2020," CMC Markets analyst Michael Hewson said.
- Key figures around 2050 GMT -
New York - Dow: UP 0.4 percent at 34,721.12 (close)
New York - S&P 500: DOWN 0.3 percent at 4,488.28 (close)
New York - Nasdaq: DOWN 1.3 percent at 13,711.00 (close)
London - FTSE 100: UP 1.6 percent at 7,669.56 (close)
Frankfurt - DAX: UP 1.5 percent at 14,283.67 (close)
Paris - CAC 40: UP 1.3 percent at 6,548.22 (close)
EURO STOXX 50: UP 1.4 percent at 3,858.37 (close)
Tokyo - Nikkei 225: UP 0.4 percent at 26,985.80 (close)
Hong Kong - Hang Seng Index: UP 0.3 percent at 21,872.01 (close)
Shanghai - Composite: UP 0.5 percent at 3,251.85 (close)
Euro/dollar: DOWN at $1.0878 from $1.0879 late Thursday
Pound/dollar: DOWN at $1.3036 from $1.3075
Euro/pound: UP at 83.43 pence from 83.20 pence
Dollar/yen: UP at 124.30 yen from 123.95 yen
Brent North Sea crude: UP 2.2 percent at $102.78 per barrel
West Texas Intermediate: UP 2.3 percent at $98.26 per barrel
burs-jmb/cs
F.Müller--BTB