Wall Street equities finished lower Thursday following a mixed US retail sales report, while European luxury stocks pushed higher following strong results from Cartier owner Richemont. The Paris stock market surged more than two percent after Cartier owner Richemont reported record quarterly sales.

European stocks extended gains on Friday, after having hit their highest level in a month the previous day on the back of strong

US markets finished lower on Thursday following a mixed US retail sales report, while European luxury stocks pushed higher following strong results