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Europe stocks close higher as global markets react to weaker-than-expected U.S. jobs report - TL;DR CNBC

Europe stocks close higher as global markets react to weaker-than-expected U.S. jobs report

Publishing timestamp: 2024-11-01 12:41:25


Summary

European markets closed higher on Friday, starting November positively. U.S. jobs report showed weaker than expected job growth. U.K. budget ramifications discussed. U.S. stocks opened higher. U.K. bond yields retreated. German airline Lufthansa downgraded. U.S. presidential election may come down to three states. Oil prices rose on reports of potential retaliatory strike by Iran. U.K. bond yields spiked after Labour government's budget. Danish shipping giant Maersk and U.K.-based consumer goods company Reckitt Benckiser saw stock price movements. U.K. house prices rose. U.S. jobs data key for Federal Reserve's decision-making. Wealth manager shared stock picks. European markets expected to open mixed.


Sentiment: MIXED

Tickers: LHA-DE.FTMIB.FTSE@LCO.1UK2Y-GB0O77-GBUK10Y-GB.GDAXI@CL.1RKT-GB.FCHI.STOXX

Keywords: business newsstoxx 600businessstock marketsbreaking news: marketsbreaking news: europemarkets

Source: https://www.cnbc.com/2024/11/01/europe-markets-live-updates-economic-data-earnings-us-jobs-report.html


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