Brazil's Finance Minister: Brazil will work hard to deal with the US tariffs, which are clearly a political tool.

India's Reliance Industries: It has purchased some Middle Eastern crude oil sold at a discount.

The Dow Jones Industrial Average turned lower again, as did SanDisk (SNDK.O) and Micron Technology (MU.O), which had previously risen by more than 2%.

The U.S. tsunami warning system warned of a tsunami threat following a 7.4-magnitude earthquake off the coast of Mexico.

As the Federal Reserve enters the "silent period" before its interest rate meeting this weekend, many regional Fed chairs and Fed governors have concluded this week's intensive public speeches. Both Fed Vice Chairman Jefferson and New York Fed President Williams said they believe the current monetary policy is in a favorable position to push inflation back to the Fed's target level. At the same time, Fed Governor Cook said that if there are no signs of slowing inflation in the short term, she is "ready to take action", but also said that she intends to give it some more time. Watch inflation trends develop. Dallas Fed President Logan has voting power on the Federal Open Market Committee (FOMC) this year. She said further increases in interest rates are needed to bring inflation back to target and suggested she might vote against the policy at the July meeting if the committee decides to keep rates at the current target range of 3.5% to 3.75%.

French Ministry of Foreign Affairs: The charge d'affaires of the Russian Embassy in Paris was summoned by France on July 17.