Text size
Europe’s main stock markets were stable at the start of trading Friday following steady performances by Tokyo and on Wall Street, as investors awaited the release of US jobs data.
London’s FTSE 100 index dipped 0.1 percent to 8,280.74 points.
In the eurozone, the Paris CAC 40 index was flat at 8,041.16 points and Frankfurt’s DAX shed 0.2 percent to 18,613.12, one day after the European Central Bank cut interest rates for the first time since 2019.
Friday’s jobs data could help to indicate when the Federal Reserve starts to cut US borrowing costs as inflation takes longer than expected to retreat towards central bank target levels.
bcp/lth
