London and Frankfurt opened lower while Shanghai, Hong Kong and Sydney retreated. Tokyo closed little-changed after spending part of the day in negative territory.
That was double the previous week's record-breaking U.S. job losses of 3.3 million. It raised the total number of Americans who are out of work due to the coronavirus-driven downturn to almost 10 million. On Thursday, the S&P 500 gained 2.3% after Trump said he expects production cuts are coming after talking with Saudi Crown Prince Mohammed bin Salman. The Dow Jones Industrial Average gained 2.2% and the Nasdaq rose 1.7%.
Markets usually welcome lower energy costs for companies and consumers. But the abrupt plunge to below $20 this week from $60 at the start of the year triggered fears heavily indebted producers might default, undermining credit markets.