European markets were mixed after Germany's Bundesbank cut its growth forecasts and warned there was a risk of Europe's biggest economy dipping into recession in early 2013.

Asian markets also ended mixed. The Shanghai Composite performed best, adding 1.6%.

The dollar was firmer against the euro, the British pound and the Japanese yen.

Oil prices for January delivery rose slightly to $85.93 a barrel. Gold prices for February delivery edged up to $1,704.00.

The price on the 10-year Treasury fell, pushing the yield up to 1.63% from 1.58% late Thursday.