• The Dow Jones Industrial Average .DJI fell 137.65 points, or 0.53 percent, to 25,986.92, the S&P 500 .SPX lost 12.91 points, or 0.44 percent, to 2,901.13 and the Nasdaq Composite .IXIC dropped 21.32 points, or 0.26 percent, to 8,088.36..

U.S. stocks fell on Thursday, after four days of gains, weighed down by weak results from retailers and on rising concerns over the U.S.-China trade war that has weighed on markets for most of the year.

Washington has proposed slapping tariffs on a further $200 billion worth of Chinese goods, which will come into effect next month after a public comment period ends on Wednesday, Sept. 5.

U.S. stocks ended their four-day winning streak on Thursday as risk reduction ahead of the long holiday weekend accelerated on growing trade anxieties.

• European shares will stage a recovery in what remains of 2018 but fail to push past their January highs, ending the year with a meager gain and with too little momentum to achieve a better performance in 2019, a Reuters poll showed.

• Asia markets were lower in morning trade on Friday as Wall Street ended its four-day winning streak in the last session, following a report that U.S. President Donald Trump voiced his support for moving forward with more proposed tariffs.

• The Nikkei 225 was down by 0.77 percent in early trade as most sectors slipped. South Korea's Kospi was lower by 0.47 percent as industry heavyweight Samsung Electronics fell by around 1 percent.

Reference: Reuters, CNBC