US benchmark equity indexes are on track to close lower on Friday amid reports of President Donald Trump's push for higher-than-expected EU tariffs.

The Dow Jones Industrial Average fell 0.4% to 44,304.1367, the S&P 500 eased 0.1% to 6,293.79, and Nasdaq Composite lost 0.1% to 20,870.24. Among sectors, utilities led the gainers, while energy paced the declines.

Invesco (IVZ) shares rose 15%, the top gainer on the S&P, after the company filed a proxy statement with the US regulators to convert its flagship tech ETF, Invesco QQQ Trust Series 1, from a unit investment trust to an open-ended fund, potentially boosting revenue and profitability.

Regions Financial (RF) shares gained 6.1%, the third-largest increase on the S&P, after the company reported higher Q2 adjusted earnings and revenue.

Elevance Health (ELV) shares fell 8.1%, the second-biggest drop on the S&P, a day after the company cut its full-year earnings guidance following a Q2 miss.

The 10-year US Treasury yield fell 2.7 basis points to 4.43%, while the two-year rate decreased 2.9 basis points to 3.88%.

August West Texas Intermediate crude oil was little changed at $67.51 a barrel.