In Europe, the FTSE shed 22 points (-0.4%) to settle at 5547, whilst the CAC (-0.1%) and DAX (-0.6%) also lost ground.
Stateside, the Dow Jones added 46 points (+0.4%) to settle at 12196, whilst the S&P 500 (+0.2%) also gained whilst the Nasdaq finished flat.
The gains sent the Dow to the highest level since October, amid optimism European leaders will come up with a viable solution to the region’s debt troubles at the weekend summit.
The euro declined against most of its major counterparts but was largely unchanged against the greenback as traders play wait and see ahead of the summit.
Oil lost ground, shedding 79 cents to US$100.49 a barrel amid news that top world oil exporter Saudi Arabia had raised its output – a week before a meeting of OPEC nations.
Base metal prices were mixed on the LME; aluminium, copper, zinc and nickel fell between 0.2-2.1% but lead managed to gain 1.1%.
Gold firmed, adding $11.40 to settle at US$1743.20 an ounce.
Today’s session will bring us data in the form of employment change and the unemployment rate, at 11:30am, AEDT.