European markets open to close, earnings, data and news

[Pelican Press 0]

********* markets open to close, earnings, data and news

LONDON — ********* markets advanced Monday as traders continued to assess the possibility of rate cuts after softer-than-expected U.S. jobs data.

The French CAC 40 was up 0.2%, ******* DAX was also higher by 0.2% and the Italian FTSE MIB was up 0.2%. The U.K.’s FTSE 100 was closed Monday for a public holiday and trading volumes were expected to be light.

Friday’s U.S. nonfarm payrolls report showed 175,000 jobs were added in April, below the 240,000 jobs expected by economists surveyed by Dow Jones.

The unemployment rate edged up to 3.9% from 3.8% in the prior month, according to the Bureau of Labor Statistics. Wage figures also came in lower than expected, an encouraging sign for inflation.

In Europe Monday, there will be a S&P composite final purchasing managers’ index for the euro zone released at 9 a.m. London time. ******** President Xi Jinping will visit France, with President Macron hosting Xi in Paris.

— CNBC’s Samantha Subin and Pia Singh contributed to this report.

This is the hidden content, please

• Sign In
• or
• Sign Up

Breaking News: Europe,STOXX 600,Markets,World Markets,World economy,Investment strategy,Asia Economy,FTSE 100,DAX,CAC 40 Index,Labor economy,Personnel,Emmanuel Macron,London,******* States,Xi Jinping,Prices,FTSE MIB,business news
#********* #markets #open #close #earnings #data #news

This is the hidden content, please

• Sign In
• or
• Sign Up