Stock market today: World shares mixed as Yellen meets with Chinese officials in Beijing

European shares have opened mostly higher after Asian markets retreated. U.S. futures fell early Friday and oil prices were higher. Investors were watching for updates from U.S. Treasury Secretary Janet Yellen’s visit to Beijing, where she was meeting with senior Chinese officials to try to soothe antagonisms over a host of issues and promote global financial stability. Stocks fell Thursday on Wall Street after reports suggested the U.S. job market remains much more resilient than expected. That shook hopes that the Federal Reserve might end this round of interest rate hikes aimed at curbing inflation. The S&P 500 dropped 0.8% and the Dow Jones Industrial Average lost 1.1%. The Nasdaq composite fell 0.8%.