MSCI’s gauge of stocks across the globe gained 0.02 percent.
Spreadbetters expected European stocks to open flat to firmer, with Britain’s FTSE starting little changed, Germany’s DAX adding 0.2 percent and France’s CAC up 0.05 percent.
Despite taking steps in self-defense, China will not stray from its path of deepening reform and opening up, said the tabloid, which is run by the People’s Daily.
Canada and Mexico retaliated against the United State's decision on Thursday to impose tariffs on steel and aluminum imports.
MSCI’s broadest index of Asia-Pacific shares outside Japan tumbled 1.4 percent, while Japan’s Nikkei average sold off 1.5 percent to a six-week low.
The volatility of global stock markets and oil looks likely to weigh on Gulf bourses on Sunday.
World stock markets nosedived for a fourth day running on Tuesday, having seen $4 trillion wiped off from what just eight days ago had been record high values.
Dow notched its biggest intraday decline in history with a nearly 1,600-point drop and Wall Street erased its gains for the year.
Oil prices dropped by more than 1 percent on Tuesday, extending falls from the previous session as global financial markets tumbled lower.
World stocks lost some of the shine provided by Boeing’s strong results as the dollar fluttered on Wednesday.
World stocks stayed near all-time peaks and the dollar extended a winning streak on Wednesday.
Asian stocks wobbled on Wednesday but still marked a 10-year high, cheered by record highs on Wall Street.
U.S. stock index futures were lower on Friday as Amazon's profit miss took a toll on technology shares.
Wall Street stocks powered to fresh records Thursday following a batch of mostly strong economic data that raised expectations for Friday's US jobs report.