On Wall Street, stocks opened higher as Wall Street shrugged off jobs data that missed expectations. Non-farm payrolls rose 148,000 in December versus market expectations of a 190,000 rise, while the rate of U.S. unemployment remained at 4.1 percent.
The Dow Jones industrial average hit a key psychological mark of 25,000 points for the first time on Thursday. It was the fastest 1,000-point move in the Dow's history after the 30-stock index broke above 24,000 on November 30 — just 35 calendar days before reaching 25,000.
Meanwhile, euro zone inflation slowed to 1.4 percent in December from 1.5 percent the month before, bringing into question an end to the European Central Bank's asset purchasing program.
In commodities, oil prices retreated from their highest level since May 2015 as surging U.S. production appeared to offset political unrestin Iran. Brent crude traded at $67.50 a barrel on at about 4:47 p.m. London time (11:47 a.m. ET) Friday, down 0.57 percent, while U.S. crude was seen at $61.30, down 0.71 percent.