(Bloomberg) -- U.S. futures and European stocks dropped on Friday as investors mulled a reported conflict among policy makers over a stimulus package for the single-currency region, as well as political upheaval in France.The Stoxx 600 Index fell after Bloomberg News reported the European Central Bank is facing a potential rift over how much their emergency bond-purchase program should stay weighted toward weaker countries such as Italy. The euro fluctuated following French President Emmanuel Macron’s decision to name a new prime minister after asking his government to resign. Rolls-Royce Holdings Plc slumped after the British jet-engine maker said it’s exploring options to raise funds to strengthen its balance sheet.The dollar was slightly down, posting its first weekly drop in a month, while American cash equity and bond markets were shut for Independence Day. President Donald Trump will attend an early July 4 celebration at Mount Rushmore with thousands of guests who won’t be required to wear masks, while his U.K. counterpart Boris Johnson urged Britons to act responsibly as pubs prepare to re-open and the government lifts quarantine rules on travel for 60 countries.The friction at the ECB highlights the risk to markets should promised stimulus measures fall short. Investors continue to weigh policy support and upbeat economic data against relentless new outbreaks of the virus. U.S. payrolls figures Thursday fueled optimism of a V-shaped recovery in the world’s biggest economy, even as Florida reported that infections and hospitalizations jumped the most yet, and Houston had a surge in intensive-care patients. Emerging-market stocks posted the biggest weekly gain in a month.“There’s still a general positive sentiment about how quickly we’re seeing the recovery,” said Chris Gaffney, president of world markets at TIAA Bank. “But we do think you’re going to see the recovery level off, especially if we continue to see higher case numbers on the virus.”Elsewhere, crude oil dipped but remained on track for a weekly gain.These are some of the main moves in markets:StocksFutures on the S&P 500 Index decreased 0.4%.The Stoxx Europe 600 Index declined 0.8%.The MSCI Asia Pacific Index rose 1%.The MSCI Emerging Market Index gained 1%.CurrenciesThe Bloomberg Dollar Spot Index fell 0.1% as of 4:00 p.m. in New York.The euro was little changed at $1.1245.The British pound advanced 0.1% to $1.2480.The onshore yuan was little changed at 7.067 per dollar.The Japanese yen was little changed at 107.49 per dollar.BondsGermany’s 10-year yield declined less than one basis point to -0.43%.Britain’s 10-year yield rose less than one basis point to 0.19%.Japan’s 10-year yield fell one basis point to 0.028%.CommoditiesWest Texas Intermediate crude declined 0.8% to $40.32 a barrel.Brent crude dipped 0.8% to $42.80 a barrel.Gold rose 0.1% to $1,777.20 an ounce.For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.