Stocks in the United States have their worst week in four months.
The Dow Jones industrial average edged up 2.46 points, or 0.02%, to finish at 13,328.85 on Friday.
Standard Poor's 500 Index dipped 4.25 points, or 0.30% , to end at 1,428.59. The Nasdaq Composite Index shed 5.30 points, or 0.17%, to close at 3,044.11.
For the week, the Dow fell 2.1%, the SP 500 lost 2.2% and the Nasdaq fell 2.9%.
In London, the FTSE100 was down 0.62%, the DAX in Frankfurt was down 0.68% and the CAC-40 was down 0.72%.
The ASX 200 finished up three points at 4,486 and the NZX50 index rose 13 points, or 0.1%, to close at 3897 on turnover of $74 million.
Bad day for retail sector
The retail sector had a bad day on the stock market in Australia on Friday.
The ABC reports David Jones and Myer department stores fell 1.2% and 0.25% respectively.
Woolworths ended the day down 0.9%, while JB Hi-Fi and Harvey Norman lost 1% each.
Billabong was hammered by investors after TPG, a private equity company, withdrew a takeover bid for the surfwear retailer.
Billabong crashed nearly 17% to A84 cents per share. The ABC reports analysts believe the price could slip further.
