Global indicators were mixed for North American stock markets Friday, while the Canadian dollar opened at US$1.019, up about four-tenths of a cent.

There are no major economic releases from Statistics Canada today.

In U.S. economic news, data on September capital flows and October industrial production are due.

U.S. stock futures rose despite a slashed fourth quarter earnings outlook from Starbucks Corp.

In other earnings news, Bank of Montreal said its booking $320 million in writedowns arising from the turmoil in global credit markets. BMO said it will take the charges in the fourth quarter ended October 31.

Crude-oil futures rose 57¢ to US$94 a barrel ahead of a weekend OPEC cartel summit. The December contract is due to expire later on Friday.

Overseas, the FTSE 100 tumbled 0.52% in London, Germany’s DAX index fell 0.73% and France’s CAC-40 shed 0.57%.

In Asia, Japan’s Nikkei stock average closed down 1.57% and Hong Kong’s Hang Seng index fell 3.95%.

Toronto stocks fell sharply Thursday dragged down primarily by plunging resource and financial issues.

The S&P/TSX composite index slid 250.11 points, or 1.82%, to close at 13,524.43.

The junior S&P/TSX Venture composite index fell 44.19 points, or 1.48%, to end at 2,944.57.

In New York, U.S. stocks sank on worries that credit losses from mortgage defaults and slumping home prices would grow worse, hurting the economy and corporate profits.

The Dow Jones industrial average slid 120.96 points, or 0.91%, to finish at 13,110.05. The S&P 500 dropped 19.43 points, or 1.32%, to close at 1,451.15. The Nasdaq composite index fell 25.81 points, or 0.98%, to 2,618.51.