Europe stocks rise ahead of U.S. jobs data
LONDON (MarketWatch) — European stock markets rose on Friday as better-than-expected Chinese export data fueled trading optimism, with investors now awaiting key U.S. nonfarm-payroll data due at 13:30 London time, or 8:30 a.m. Eastern. The Stoxx Europe 600 index gained 0.4% to 294.25, on track for breaking a two-day losing streak. Shares of Siemens AG rose 1.2%, after Citigroup added the German industrial conglomerate to its focus list. Shares of Clariant AG dropped 1.9%, as Nomura cut the chemicals firm to reduce from buy. Among country-specific indexes, Germany’s DAX 30 index gained 0.7% to 7,995.80, while the U.K.’s FTSE 100 index rose 0.6% to 6,476.80. France’s CAC 40 index put on 0.7% to 3,821.29.
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