BANGKOK -- World shares were mixed on Thursday after the latest U.S. economic data calmed frazzled nerves on Wall Street.

U.S. stock indexes are rallying toward the close of their best week in two months. The S&P 500 rose 1.1% Friday.

Wall Street is drifting amid relatively modest moves, a day after strong reports on the economy stirred up worries that inflation and interest rates may stay higher than expected. The

SLB helped lead the market after the provider oilfield services delivered bigger profit and revenues for the end of 2024 than analysts expected. It jumped 6.1% after it also raised its dividend by 3.6% and said it’s returning $2.3 billion to its investors by buying back its own stock.

Wall Street was heading for more gains before the open on Friday as markets try to log their first winning week of 2025 on the final day of trading during the Biden presidency. Futures for the S&P 500 climbed 0.

Markets are mixed before the opening bell on a busy Thursday that will bring the latest government report on retail sales, weekly applications for unemployment benefits, and a slew of corporate earnings reports.