European shares edged lower on Friday as investors remained cautious ahead of closely watched U.S. jobs data, while Volkswagen shares surged after the automaker unveiled a major transformation plan that includes 50,000 job cuts.
The pan-European STOXX 600 slipped 0.1% to 648.67 points by 0710 GMT. Germany’s DAX was up 0.1%, while London’s FTSE 100 fell 0.1% and France’s CAC 40 declined 0.2%.