In Europe the FTSE added 37 points (+0.7%) to settle at 5165, whilst the CAC (+1.2%) and DAX (+1.2%) also posted gains.
Stateside, the Dow Jones shed 26 points (-0.2%) to settle at 11232, whilst the S&P 500 (-0.3%) and tech-heavy Nasdaq (-0.8%) also endured losses.
The losses rounded out the worst Thanksgiving-week loss for the S&P since 1932, with Europe’s debt crisis and local concerns about policy makers failing to reach agreement on reducing the Federal budget weigh heavily.
The euro lost ground to round out its fourth consecutive losing week, its longest such streak against the greenback in 18 months.
Germany’s struggle with a bond auction signalled the crisis is impacting the region’s most fiscally sound nations, causing traders to exit the 17-nation currency.
Crude oil rose amid ongoing tensions in the Middle East, with investors concerned that tensions will disrupt supply. January delivery oil added 60 US cents to settle at US$96.77 a barrel.
There is no major local economic data due out for today’s session.