European stocks finished lower Friday, leaving the regional benchmark with a tiny weekly loss, with oil and gas shares pushed down on disappointment stemming from OPEC's agreement to extend production cuts.

The S&P 500 and the Nasdaq Composite logged tiny gains on Friday, but they were enough for the benchmarks to finish in record territory and book a seventh straight advance, ahead of the long Memorial Day weekend. Trading during the session was otherwise muted as traders left early for the holiday weekend, leaving fewer on staff to digest a mixed bag of Friday data. Total composite trade of 5.2 billion shares marked the lowest volume of 2017, according to Dow Jones data.

Asian stocks edged up on Monday, taking cues from Wall Street shares hovering around record highs, while the pound nursed losses after a poll showed a shrinking lead for Prime Minister Theresa May's party in Britain's upcoming elections. MSCI's broadest index of Asia-Pacific shares outside Japan .