European stocks open higher with US jobs report in focus

2019-12-06 12:36:55 GMT (Economies.com)
European stocks open higher with US jobs report in focus

European stocks rose on morning sessions on Friday, to resume gains after a pause yesterday, as banking and tech shares led gains, while investors are eagerly awaiting updates about the US and China trade talks and the release of the US jobs report for November.

 

Stoxx Europe 600 rose by 0.3% as of 08:45 GMT, while it closed lower by 0.1% yesterday, after it surged by 1.2% on the previous session. 

 

The index opened today's session higher, on the latest session of the week, as most of the major European exchanges and sectors rose today.

 

Banking and technology sectors saw the largest gains in Europe today, after a surge of most stocks in the two sectors.

 

investors are eagerly awaiting updates about the US and China trade talks. While the US President Donald Trump said Thursday that the talks were going very well in attempts to end the trade war with China, while the Chinese government spokesman refused to comment on the prospects of the trade deal.

 

S&P 500 futures rose by 0.2% today, while it closed higher by 0.15% yesterday at Wall Street, its second straight daily gain.

 

Investors are anticipating the release of the US jobs data, which provides insight on the overall US economic health and growth during November and odds for the US Federal Reserve to cut interest rates for the fourth time this year.

 

Back to Europe, the Euro Stoxx 50 index rose by 0.3%, the German DAX added 0.25%, and France's CAC 40 rose by 0.4%, and in London, the FTSE 100 led the gains with a rise by 0.5%

 
 
 
  Symbol Last Change Chg.%
1.1090
-0.0030
0.2734%
1.3009
-0.0027
0.2087%
Tadawul
8459.80
27.24
0.32%
18.021
-0.083
0.456%
58.778
-0.410
0.694%
65.02
0.40
0.62%
1556.915
-5.780
0.370%
 
 
US
 
Europe
 
Asia