The U.S. dollar index on Friday advanced to 100 for the first time in nearly two years, boosted by the prospect of a more aggressive pace of Federal Reserve tightening to curb soaring inflation.

Oil major Shell and utilities Naturgy and Verbund are preparing binding bids to buy renewable energy assets in Spain valued at about 1 billion euros ($1.1 billion), three sources close to the matter told Reuters.

The Nasdaq and the S&P 500 fell on Friday, dragged down by growth and technology stocks as U.S. Treasury yields surged at the end of a volatile week marked by concerns around aggressive moves by the Federal Reserve to tame inflation.

(Reuters) -Wall Street was set for a subdued open on Friday as U.S. Treasury yields surged at the end of a volatile week marked by concerns around aggressive moves by the Federal Reserve to tame inflation and the ongoing Ukraine conflict.

U.S. stock indexes opened lower on Friday, dragged down by growth and technology stocks as U.S. Treasury yields surged at the end of a volatile week marked by concerns around aggressive moves by the Fed to tame inflation and the ongoing Ukraine conflict.

China will step up policy measures in timely way to support the economy while studying new stimulus plans, state media on Friday quoted Premier Li Keqiang as saying.