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The Economic Times
The Economic Times
Business
Anupam Nagar

Global Market: European shares edge lower as investors await US jobs data

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%.

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