For the week, both the Sensex and the Nifty managed to end with gains of over half a percent and ending the fourth consecutive week in the green, while the Bank Nifty ended over 1% lower.
The Dow Jones Industrial Average fell 202.09 points, or 0.82 percent, to 24,462.8, the S&P 500 lost 22.98 points, or 0.85 percent, to 2,670.15 and the Nasdaq Composite dropped 91.93 points, or 1.27 percent, to 7,146.13.
Wall Street's three major indexes closed lower on Thursday, with tobacco stocks leading a tumble in consumer staples while concerns about smartphone demand hurt the technology sector and rising bond yields and earnings helped financials rebound.
Asian shares slipped on Friday as a warning on smartphone demand from the world's largest contract chipmaker slugged the tech sector, while lofty oil prices stirred inflation fears and undermined sovereign bonds.
Resource stocks were on a roll in Asia on Thursday as oil prices hit heights not seen since late 2014 and ignited a rally across commodities, though the potential boost to inflation globally also put some pressure on fixed-income assets.
Resource stocks were on a roll in Asia on Thursday as oil prices hit heights not seen since late 2014, though the potential boost to inflation globally also pressured fixed-income assets.
Analysts expect S&P 500 company profits to rise 18.6 percent in the first quarter, the biggest increase in seven years, according to Thomson Reuters data.
The Dow Jones Industrial Average rose 108.75 points, or 0.44 percent, at the open to 24,681.79. The S&P 500 opened higher by 14.90 points, or 0.56 percent, at 2,692.74. The Nasdaq Composite gained 58.83 points, or 0.82 percent, to 7,215.12 at the opening bell.
Asia stocks wavered on Tuesday after data showed both hot and cold patches in the Chinese economy, but losses were limited as investors turned their focus to corporate earnings from Syria.
The rupee recovered 4 paise to 65.45 against the dollar at the interbank forex market today on fresh selling of the greenback amid a higher opening of domestic equities.
Asia stocks edged higher on Tuesday, tracking Wall Street gains as the focus shifted to corporate earnings and looming economic data from China amid signs Western-led strikes on Syria weren't likely to escalate.
The Dow Jones Industrial Average rose 212.9 points, or 0.87 percent, to 24,573.04, the S&P 500 gained 21.54 points, or 0.81 percent, to 2,677.84 and the Nasdaq Composite added 49.64 points, or 0.7 percent, to 7,156.29.
Asian share markets were mixed and oil prices fell on Monday as relief US-led strikes on Syria looked unlikely to escalate was tempered by concerns at Russia's potential reaction to new sanctions from Washington.
Initial jobless claims in the United States fell to 233,000, a decrease of 9,000 from the previous week's unrevised level of 242,000. Economists had expected jobless claims to drop to 230,000.
The Dow Jones Industrial Average fell 218.55 points, or 0.9 percent, to 24,189.45, the S&P 500 lost 14.68 points, or 0.55 percent, to 2,642.19 and the Nasdaq Composite dropped 25.28 points, or 0.36 percent, to 7,069.03.
Fears of military conflicts in the Middle East have boosted oil prices as well as safe-haven assets such as gold.
In Tokyo, the Nikkei 225 slipped below the flat line to trade lower by 0.12 percent. Financials, oil producers and shippers gained, but declines were seen in consumer goods sectors.
Crude prices rose more than 3 percent, breaking above USD 65 per barrel. Oil's strong gains boosted energy stocks. The Energy Select Sector SPDR fund (XLE) surged 3.3 percent and posted its best day since Nov. 30, 2016.
Indian ADRs ended mostly higher on Monday. ICICI Bank gained 1.54 percent and Dr Reddy's Laboratories advanced 1.11 percent.
The Dow Jones industrial average rose 46.34 points to 23,979.10, with Merck and Intel as the best-performing stocks in the index.
In Japan, the Nikkei 225 edged down by 0.59 percent and the Topix slipped 0.44 percent, with weakness coming through from financials, retailers and semiconductor-linked names. Major automakers also came under slight pressure.
South Korea's Kospi advanced 0.27 percent as gains in the technology sector offset losses seen in steelmakers, automakers and financials.
The Implied Volatility (IV) of calls was down and closed at 13.22 percent while that for put options closed at 13.71 percent. The Nifty VIX for the week closed at 14.8 percent and is expected to remain sideways, a SMC report said.
Indian ADRs ended weak on Friday. Tata Motors slipped 1.01 percent and ICICI Bank was down 1.52 percent.
The Dow Jones Industrial Average fell 572.46 points, or 2.34 percent, to 23,932.76, the S&P 500 lost 58.37 points, or 2.19 percent, to 2,604.47 and the Nasdaq Composite dropped 161.44 points, or 2.28 percent, to 6,915.11.